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Gold Price Discussion
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<blockquote data-quote="yep" data-source="post: 460307" data-attributes="member: 14211"><p>gold 1774.00</p><p></p><p>yes gold miners shares are a good thing for profit but as the old marriage vow says to have and to hold is my preference</p><p></p><p>just to make a point a gold traded eft is virtually a receipt/piece of paper that in theory gives you gold</p><p></p><p>but for every etf of paper gold promised the ratio is about 1 oz of gold to 130 paper 1oz gold oops</p><p></p><p>so if there is any rush to get your paper gold cashed in to get your gold I wouldn't expect that you will get yours being beaten by the big end of town</p><p></p><p>but don't worry you will be in the 99% </p><p></p><p>paper gold is a nice dream but in reality just fake gold</p></blockquote><p></p>
[QUOTE="yep, post: 460307, member: 14211"] gold 1774.00 yes gold miners shares are a good thing for profit but as the old marriage vow says to have and to hold is my preference just to make a point a gold traded eft is virtually a receipt/piece of paper that in theory gives you gold but for every etf of paper gold promised the ratio is about 1 oz of gold to 130 paper 1oz gold oops so if there is any rush to get your paper gold cashed in to get your gold I wouldn't expect that you will get yours being beaten by the big end of town but don't worry you will be in the 99% paper gold is a nice dream but in reality just fake gold [/QUOTE]
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