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Gold in the Crosshair

billyderka Wrote: Apr 16, 2013 9:16 AM
A barrel of Fiat Marks to buy a loaf of bread, A candy bar in the 1950's a plug Nickel now after a 2000% price increase. Sure I will keep my Federal Reserve Notes under my bed they always grow in value. LOL

In the opening years of the last decade, most mainstream investors sat on the sidelines while "tin hat" goldbugs rode the bull market from below $300 to just over $1,000 per ounce.  But following the 2008 financial crisis, when gold held up better than stocks during the decline and made new record highs long before the Dow Jones fully recovered, Wall Street finally sat up and took notice. The new devotees helped to push gold to nearly $1,900 by September of 2011. For the next year and a half it held relatively steady, trading mostly between $1,500 and $1,800...