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The Old New Englander
I belong to no organized political party. I am a Democrat--Will Rogers
Thursday, August 18, 2011
Gold bubble
The price of gold is now more than $1800 per ounce. (That's a troy ounce, which is a little heavier than a conventional ounce.)
An ounce of gold is a cube about 2/3 of an inch on each side. More than $1800.
Gold is going to prove to be a bubble.
You heard it here first.
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