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1 Posts by Anonymous "goldbug":
   
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goldbug
Ottawa,
Posted Anonymously
15 years ago
Mar 19, 2009 15:20
In Thread: Gold's Net Longs & the Gold/Oil Ratio
Ahraf, my wife and I viewed your visit to CNN today, and were impressed with your knowledge to say the least.

My question is, when to sell our gold bullion holdings. We have found out that since buying in the mid 80s at around 656 USD, we are happy to have this asset in today's markets, when our paper assets have let us down.

We are over 65, and must use our bullion now to live on for the next two decades or so until we are in the box.

You mentioned something about a two month timeframe will lead to the increase of the Au commodity, which will likely only be enhanced with time as inflation sets in.

What value will likely be attained a) in 2 to 3 months and b) in 2 to 3 years?

The big jump of todays US valuation of 956.90 USD was almost entirely offset by the increase in the Canadian dollar, marginally up, so this is another factor in the equation.

Thanks so much
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