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AuRico Gold Inc. Message Board

  • stevie_hono_trader stevie_hono_trader Sep 17, 2012 10:23 AM Flag

    The 20% drop was pure gravy.Now add QE3.

     

    This dog has money written all over it.For the ones that sold,I thank you.

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    • I agree, that is why I added to my position at $5.60 ish. Only a few thousand shares. Better than a poke in the eye with a sharp stick. Bottom line, Obama may win re-election. anyone's guess right now. If he does, we are all toast. Gold will definitely hit $3000. Definitely. There is no question. Some experts say is $6500 if he is re-elected.

      Place your bets. Me, I added to my gold position and went out and bought a house with a huge as loan. No better hedge against the long term effects of QE than a big loan against an asset that is not subject to the negative impact of printing money. Bottom line, if we hit hyperinflation. my house is worth 10 times what I paid for it, my income grows by 10 times and I owe pennies relatively speaking. So, go take out a loan quick.

 
AUQ
3.09-0.20(-6.08%)Dec 22 4:04 PMEST

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