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'Buy gold and get yourself out of forex trading' risk aversion

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Buy gold and get yourself out of forex trading

-- risk aversion

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09/09/11 18:02

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Buy gold and get yourself out of forex trading

All currencies will drop in value thanks to the wanton printing of money over the past couple of years by all governments to combat the effects of the global financial crises. While printing a ton of money worked in the short term to stabilize the situation, in the long term the ramifications will outweigh the benefits as we see currencies worthless and a loaf of bread priced at a hundred dollars. Buy gold and start storing it now as that will be the mineral that will keep its value for the long term.

Link: Mexico Peso Drops as Global Growth Concerns Boost Risk

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