How to *exit* gold boom near peak - Lepard weighs in
Submitted by RidleyReport on Wed, 11/11/2009 - 13:38
in
Say it's the year 2011 and you believe the gold boom is nearing its end. What do you do with the yellow metal before it possibly crashes like it did after 1980?
Prominent Ron Paul backer and financial adviser Larry Lepard has a practical suggestion. This interview occurred right before his speech to Republican Liberty Caucus supporters in New Hampshire.
http://www.youtube.com/watch?v=gz0BRCHnFs4
Diggable at:
http://digg.com/business_finance/How_to_exit_gold_boom_near_...
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Mr. Lepard, the speaker, didn't have a Gold exit strategy.
He said if we divide all the "known" Gold in the world by the number of people in the world the price would be $90,000.00 per ounce,,,,,so about 15 ounces would make a person a millionaire at those prices.
What would I exchange Gold for?
Well, my wife has always dreamed of owning a castle....smile..
beesting
Thanks for the post...
Thanks for the post...
Sorry Larry. Coins is not where its at
Silver bars are where its at IF you plan to use any metal for currency in the future. Its got a lower markup. And when it comes time to use it for currency you have the bars minted into currency.
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