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Why gold's been a good, global buy: Best of the Boards/Blogs

Stockhouse Editorial
0 Comments| January 19, 2009

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Top Bullboards post:

Block out the "noise" of daily volatility, however, and the gold price will begin 2009 significantly higher against all major currencies bar the U.S. Dollar. The gold price starts 2009 with a double and better for Australian and British investors since 2005. It has risen by 75% and more for European and Canadian buyers. Even amid the financial crisis, which saw the gold price slip back by one-fifth from the "Bear Stearns top" of $1,000 an ounce, gold remains 75% higher from 2005 for U.S. investors. The 2009 outlook? Gold has already shielded UK investors from a collapse in the Pound. It's soothed the sharp loss of purchasing power for "commodity currency" investors in Canada and Australia…”– From goldish on the Yamana Gold (TSX: T.YRI, Stock Forum) Bullboard.

Top Bullboard:

Monday’s most posted Bullboard was the Horizons BetaPro NYMEX Crude Oil Bull Plus ETF (TSX: T.HOU, Stock Forum) board.

Top blog:

littleguy123 wrote about the U.K. government increasing its stake in the Royal Bank of Scotland on the Outside the Market Blog Monday.


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