“Abandon Hope All Ye Who Enter Here.”

Posted by Bob Moriarty - 321Gold.com

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As I said months ago, one of the safest investments you can hold right now is cash. Good old, US dollars. The gold bugs will hate that but when markets are in turmoil, big investors seek a safe haven. If you think you are smarter than the market and can invest wisely with gold up $70 one day and down $70 the next day, good luck with that program.