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Gold The Best Bet No Matter What Happens?


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http://www.telegraph.co.uk/finance/comment...d-unravels.html

"Gold is poised for a dramatic surge and could blast through $2,000 an ounce by the end of next year as central banks flood the world's monetary system with liquidity, according to an internal client note from the US bank Citigroup...this gamble was likely to end in one of two extreme ways: with either a resurgence of inflation; or a downward spiral into depression, civil disorder, and possibly wars. Both outcomes will cause a rush for gold."

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http://www.telegraph.co.uk/finance/comment...d-unravels.html

"Gold is poised for a dramatic surge and could blast through $2,000 an ounce by the end of next year as central banks flood the world's monetary system with liquidity, according to an internal client note from the US bank Citigroup...this gamble was likely to end in one of two extreme ways: with either a resurgence of inflation; or a downward spiral into depression, civil disorder, and possibly wars. Both outcomes will cause a rush for gold."

wtf

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Love the way they are even trying to tap into people's inner most fears to get them to buy:

"This gamble was likely to end in one of two extreme ways: with either a resurgence of inflation; or a downward spiral into depression, civil disorder, and possibly wars. Both outcomes will cause a rush for gold."

Classic advertisers subconscious con trick, courtesy of Edward Bernays & his Uncle Freud.

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Wasn't it the Telegraph that posted that story not so long back about how people were rushing out to buy gold & it would probably sky rocket in the next few days & then it actually fell drastically?

They even gave you the name of a shop where you could go & get some.

Shameless.

Was the shop ATS Bullion who had no or little gold anyway.

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http://www.telegraph.co.uk/finance/comment...d-unravels.html

"Gold is poised for a dramatic surge and could blast through $2,000 an ounce by the end of next year as central banks flood the world's monetary system with liquidity, according to an internal client note from the US bank Citigroup...this gamble was likely to end in one of two extreme ways: with either a resurgence of inflation; or a downward spiral into depression, civil disorder, and possibly wars. Both outcomes will cause a rush for gold."

By A E-P, the man with the shiniest shoes in the country.

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The thing to be wary of is that it's when that sort of news is released to the mainstream media it's often when the smart money has decided to sell but they need plenty of willing buyers so the story is run in the papers.

Even so there are plenty who think gold will go higher so who knows.

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Remember when a big investment company said, earlier this year, that Oil would go to $200?

That was when oil was at $100. Some big players had bought in and needed the bull run to continue.

Same with gold, I'm unconvinced.

I also remember Morgan Stanley saying about 2-3 weeks ago that it was time to get back into the stock market. The DOW then fell 20% within a few days, and still hasn't got back to that level yet.

There's a recurring theme here...

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  • 440 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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