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<blockquote data-quote="Catatonic" data-source="post: 424167" data-attributes="member: 7966"><p><span style="color: black"><span style="font-family: 'Verdana'">I think you laid it out pretty well:</span></span></p><p><span style="color: blue"><span style="font-family: 'Verdana'">It's always gone up and down with the dollar. Strong dollar weak gold, weak dollar strong gold. </span></span></p><p></p><p><span style="color: black"><span style="font-family: 'Verdana'">There is a lot of talk in the US about making the dollar stronger and the EU, China, India and Japan are pushing and maneuvering to weaken their currencies in relation to the dollar.</span></span></p><p><span style="color: black"><span style="font-family: 'Verdana'">I never got into gold (too bad) but this is not the time to be increasing your position in gold. If you have made gains in gold, this is a prime, critical time to rebalance your portfolio so that gold is at (or below) the original % of your portfolio that it started out 2 years ago.</span></span></p></blockquote><p></p>
[QUOTE="Catatonic, post: 424167, member: 7966"] [COLOR=black][FONT=Verdana]I think you laid it out pretty well:[/FONT][/COLOR] [COLOR=blue][FONT=Verdana]It's always gone up and down with the dollar. Strong dollar weak gold, weak dollar strong gold. [/FONT][/COLOR] [COLOR=black][FONT=Verdana]There is a lot of talk in the US about making the dollar stronger and the EU, China, India and Japan are pushing and maneuvering to weaken their currencies in relation to the dollar.[/FONT][/COLOR] [COLOR=black][FONT=Verdana]I never got into gold (too bad) but this is not the time to be increasing your position in gold. If you have made gains in gold, this is a prime, critical time to rebalance your portfolio so that gold is at (or below) the original % of your portfolio that it started out 2 years ago.[/FONT][/COLOR] [/QUOTE]
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