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July 6, 2010

Invest in Gold

by oakley711

Rough DIAMOND

Rough diamond

I personally expect gold to lag other asset classes over the next year or two (the exception would be a double-dip recession) as the economic recovery gains traction, the dollar strengthens and the unemployment rate moves lower. If we’re to have another spike in gold prices, it will come in 2012 or beyond and be the result of rising inflationary pressures combined with a gold net supply deficit.

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