GREY:HRIVF - Post by User
Post by
Olderwisernowon Feb 01, 2009 1:21pm
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Supply and Demand will rule in the end
Supply and Demand will rule in the endThis article among many others points out the obvious. In the long run, gold is going up in price, supply is decreasing.
https://news.goldseek.com/GoldSeek/1233538451.php
When you couple this with money supply increasing at its greatest rate in history, political uncertainty, Korea, Middle East, Pakistan and Africa all with major issues. VERY HARD to see gold having more than temporary corrections. Listening to the TV, the bank analyst types etc etc has and will continue to prove injurious to your investments.IMO
Stay focused, stay long.IMO Forget the short term noise.IM