GREY:HRIVF - Post by User
Comment by
tom_abc2003on Aug 19, 2011 10:25am
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Post# 18960115
RE: We're holding up very well considering...
RE: We're holding up very well considering...It does not matter, HRG is long term investment whatever go down today it will make you money in long run. Believe or not, during the great depression, all gold stock went up more than 3x. It is good or bad time ahead gold will shine, S&P downgrade U.S gov't debt. It means all U.S assets from household, business, and gov't asset in U.S dollars is devalue immediately. So gold is only true safe assets in trouble time. It have been around since human civilization start and continue to hold value as good or trouble time ahead. It is build into our DNA, gold is money.