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User: SMFC

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  1. about gold on Software Glitch Leads To $23,148,855,308,184,500 Visa Charges · · Score: 1

    ok i figured i would comment a little about gold since it was brought up. Yes paper currency used to actually equate to an amount of gold in a vault somewhere until we went ape shit with printing money. Gold is still one of the best invest, it is pretty safe and the increase in value over the next 10 years will just be simply retarded, silver is really good too cause it is an easier investment for rookies that are just getting started in metals. my brother in law has about 10k in silver in his possesion at home, i must say holding a bar of silver feels fucking awesome lol. gold even better but its so much more expensive. Historically gold prices have went up aand down. most fluctuations have really only happened sincec the late 70's. in 1998 an ounce of chronic was worth its weight in gold about 300 bucks. 10 years later it was about 880 bucks if you had purchased enough in 98 that would have been some good profit. the lowest it dropped after 1998 was 2001@ 271 but it jumped to 309 in 2002. Also keep in mind that although gold is a precious metal used for large currency transfer and trading, it also has a use, it rocks in electronics, it coducts pretty fucking fantastic, I think we all no electronics are not going anywhere until atleast 12/21/12. the rocketing in price was not random, the computer industry really got going when?? its only going to go up in value... Please keep this in mind.yearly averages of gold prices have been kept since 1793. http://goldinfo.net/yearly.html the value between 1890 and 1932 did not change from 20.67 an ounce, talk about a long term investment