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They dissed us as being "whacked out."


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#1 nimblebear

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Posted 15 March 2008 - 08:51 AM

With gold breaking the barrier of $1,000 an ounce this week and surging over 40% over the last year, a growing number of investors that joined the fray are finally acknowledging that gold bugs' plans for apocalypse weren't so kooky after all.

"There's no question," said Hugh Johnson, chairman of Albany, N.Y.-based Johnson Illington Advisors. "I used to dismiss these guys as a little whacked out. Now, I wish I'd listened a little more."

The roar of the credit crisis became hard to ignore for most people back in August 2007, which also corresponds with a sharp acceleration in the multi-year rally of gold. Graphic: Timeline of gold's march to $1,000.

(I've had fun being accused of being "whacked out" since around 2000) :D

Got Gold ? :D

P.S. Now that the mainstream is joining in, may be time to take a little off the table. ;)
OTIS.

#2 johngeorge

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Posted 15 March 2008 - 12:10 PM

P.S. Now that the mainstream is joining in, may be time to take a little off the table. ;)


Naw! The dollar is kaput. Gold $2000? I cant see why not.
Best to you.
Peace
johngeorge