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Re: Stock Market Carnage

By: Decomposed in 6TH POPE | Recommend this post (0)
Sun, 19 Jun 22 6:59 PM | 38 view(s)
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Msg. 32962 of 60008
(This msg. is a reply to 32961 by Zimbler0)

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Zimbler0:

Re: “I look to have lost around 6% . . . And, EVERYTHING went down.”
Gold is holding up okay. But it's all relative. If you bought when gold last topped $2,000, you might be unhappy. But it's doing what it's supposed to do: Holding up versus inflation.










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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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The above is a reply to the following message:
Stock Market Carnage
By: Zimbler0
in 6TH POPE
Sun, 19 Jun 22 6:51 PM
Msg. 32961 of 60008

Ouch.

In the past week the markets took a dive into the toilet.

I haven't seen carnage like this since around the year 2000.

I look to have lost around 6% . . .
And, EVERYTHING went down.

Given the high rate of inflation . . . This REALLY Sux.

And NOTHING the demon-crappers 'want to do' will help any.

Pray that all my dividend checks keep coming in.

Zim.


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