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Originally posted by the_sentinal
BUY GOLD NOW!!!! it's the only way to somehow survive ...
Originally posted by whaaa
Here is my thoughts on buying gold as a hedge against bad economic times.
You may buy and own gold and it may be worth much, much more than you paid for it. But when you go to sell it; who will have enough money to buy it. Why would they want to buy it at a high price? If you can't sell it; essentially it is worthless.
Is my thinking not quite right here? Why?