I add: Now is NOT the time to buy gold AS A LONG TERM INVESTOR. Gold has done a great job of hedgng against inflationary pressures for a very long time, but, it should fall dramatically due to worldwide massive deflationary pressures, and, simply because it's rapidly approaching the start of a Major Downcycle. Gold appears to be in a final Wave 5 Intermediate Term Upcycle, of the Major Upcycle/Cyclical Bull Market since the $681 Major Cycle Low in October 2008, see Weekly View chart two at http://stockcharts.com/charts/gallery.html?s=$gold.
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