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As The Economy Falls, Gold Rises.

Posted on April 25, 2011 by John

In other Streetster news, gold reached a record high on Tuesday, rising past the high mark of $1500 per ounce. This is yet another sign of the tremendous anxiety that is affecting the market. People just don’t know where to turn, and it’s clear that things are going to get a lot worse before they get better. In times of financial insecurity, we are forced to adapt many of our plans. A lot of people seem to think that the end of the world is coming soon, and that’s apparently why they’re buying so much gold, driving up prices. I think that attitude is probably a bit drastic, but I can certainly understand why people might be feeling less than hopeful in the current financial and political environment. September 11, 2001 really was a turning point for the United States, and I think that it was the beginning of a new kind of country. We are living in a country that is facing a tremendous decline, and I want to do everything I can to stop it. Will you join me? First of all, in order to start the healing process, we have to convince people that there’s a problem to begin with. Based on how naturally hopeful people are, that’s not always easy.

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