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Wednesday, October 10, 2012

Great Asset Repositioning Gold and Silver Q4 Update | Greg Hunter’s USAWatchdog

Great Asset Repositioning Gold and Silver Q4 Update | Greg Hunter’s USAWatchdog

 Since this site went on line three years ago, more than a dozen readers either emailed or commented they cashed out of their IRAs or 401-Ks, paid the tax and penalty, and invested in physical gold and silver.  One reader, in particular, told me he did this when gold was at the outrageous “bubble” price of around $800 per ounce.  With the latest announcement of “open-ended” QE (unlimited money printing) by the Fed, it sure looks like everyone who did that made the right choice.  I am sure there are many more who bought gold at $300 to $400 per ounce and silver at $10 to $15 per ounce, but those were the early birds.  You might call them visionaries.  What has been going on in the last few years is what I call the “Great Asset Repositioning,” and it is now fully underway.

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