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Not a good day for the gold market.
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John Burns
Posted 10/31/2014 10:48 (#4153644 - in reply to #4153271)
Subject: depends



Pittsburg, Kansas

Depends on if you are a buyer or a seller.

If a person buys a set amount of dollars worth of gold or silver every month, which is better? Lower prices or higher prices?

If a person bought a fixed dollar amount of land every year, which is better? Lower prices or higher prices?

High prices are good only if you are a net seller. Lower prices are better if you are a net buyer.

The trader/speculative mindset differs from an investment/value mindset.

John



Edited by John Burns 10/31/2014 11:28
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