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Jim,
I have a lot of friends that have told me they understand my argument for owning gold, but STILL have not purchased any.
For anyone who logs on to JSMINESET and still hasn’t bought any gold yet, here is a very clear example of why owning at least some gold is a very, very good idea…
Click here to view the article…
As you reflect on the above article, remember these three points:
(1) We have already seen that the current person occupying the White House has been trying to lead the United States down the exact same path that Hugo Chavez has been leading Venezuela.
(2) Gold will be worth the same on the world market after Hugo Chavez devalues the Venezuelan Bolivar.
(3) Gold will be worth the same on the world market after the current administration devalues the US Dollar (whether initiated by outside market forces or directly by the administration).
The poor people of Venezuela are now rushing to the stores to buy as many things as they can before the devaluation of the Bolivar, but that will only help them for a few weeks or so. You can only store so much food and other necessities.
Does anything more need to be said in defense of owning at least some gold?
CIGA Buz



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