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SPDR Gold Shares Message Board

  • manylumen manylumen Mar 8, 2013 9:29 PM Flag

    Korea stiuation

    So S. Korea is adding more gold to their inventory. Makes sense at today prices and of course if one expects gold to go higher or their currency to devalue. Thinking Korea is closer to war than some may think. The North continues on its path of weapons and weapon delivery systems in spite of sanctions and is now reported to be making threats. No doubt a major Korea civil war would hurt their economy and currency, maybe a smart more to stock up on gold for them for that reason alone. One day one of those joint military exercises could turn into the real thing. with the clash of ideology and stuborn nature war may be the outcome. While hoping for peace I doubt the south and the US will stand by while the North gets stronger and continues to threaten. We live in dangerous times.

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