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Saturday, December 19, 2009

Gold vs the Dollar - Store of Value

Great interview with Market Technical Analyst Louise Yamada interviewed on Jim Puplava's Financial Sense today. She pointed out that in 1920 a $20 gold coin would buy you a man's suit as would a $20 note. Today that $20 gold coin is worth over $1000 and would still buy you a man's suit whereas the $20 would buy you a pair of socks.

Gold is the ultimate store of value - it retains its purchasing power over time.

Catch the whole interview at


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