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September 2009
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Gold, safe and cheap

With the equities market at these levels, evaluation are just silly. Many companies are priced at 30 to 50X earnings potential for 2010. Interest rates have remained low, an amazingly dropping. Economic data again shows how severe this downturn has been and is. The only given is that everyone worldwide in printing new fresh crispy currency at a rate 100,000 times faster than Gold can be mined. This is such as easy call to make; it’s time to have a nice chunk of your portfolio in gold. […]