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Wednesday, September 15, 2010

Gold record high

On Tuesday Gold hit a record high again. It seems to always be going up. Take a look at the last ten years. However, reality is that the dollar is going down, not gold going up. Reality is something we should not ignore. A chinese friend said that you could with an ounce of gold buy a cow one hundred years ago. Well, you can still buy a cow now. Yeah, with one ounce. However, you can only buy one.