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Joe Nation

(962 posts)

5. Gold prices are a harbinger of economic health

Reply to Joe Nation (Original post)

Wed Jun 5, 2019, 09:20 AM

Jun 2019

Not the only one of course but it also serves as a safe harbor for people that don't want to see their retirement accounts lose 40, 50, or even 60 percent of their values overnight. Even if you're not about to retire and can ride out the hit to your investments, why take the hit at all? Buy gold now, wait for the stock market to tank, and it will tank, and then throw everything back in to the stock market once it bottoms out. You get safety and grow on both ends.

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Highlight:

Gold sure is having a day [View all] Joe Nation Jun 2019 OP

because elleng Jun 2019 #1

Can you give me a snapshot explanation of gold trends over the past year or so? hlthe2b Jun 2019 #2

Gold has been hanging around the 1280 price Joe Nation Jun 2019 #3

I can't eat it, I can't drink it and I can't afford it. panader0 Jun 2019 #4

Gold prices are a harbinger of economic health Joe Nation Jun 2019 #5