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Safe haven currency or property?
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people who buy now have obviously missed out on some upside but it is a widespread view that gold will double or triple in the next few years so is probably still a good bet
http://www.kitco.com
http://www.bullionvault.com/gold-price-chart.do
I must take exception to your statement that the price of gold will double or more in a few years, is a widely held view. This view is generally only true of the one-eyed gold bugs, several of whom have posted their usual nonsense on this thread.
I think Reaper provided a very good appraisal of gold as an investment.
http://forums.moneysavingexpert.com/showpost.html?p=33577595&postcount=3
Regarding the AUD - I would suggest you do some serious research. Articles I have read regarding AUD/GBP & USD indicate that the only way for the AUD is down. I.e. You missed the boat OP.
http://forexforums.dailyfx.com/aud-usd-nzd-usd/34297-discuss-aud-usd-nzd-usd-dailyfx-analyst-140.htmlIn case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:0
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