>> HM has dipped badly over the last 12 mos, along with the bear mkt, and is only now back up to where it was 12 mos ago. <<
hm is up about 15% in the last year, most tech stocks are down from year ago levels. don't be an ass and nitpick everything ok? if you want to make the case that gold stocks will suck going forward that's fine. but quit wasting my time arguing about how they haven't outperformed many other industries recently when they clearly have.
>> And gold did not "work" as the price of a barrel of oil went from $11 to $34. Some inflation hedge, that gold! <<
the simple fact is that hm and the hui has outperformed the xoi, oix, and osx indices in the past year. stick that in your crankcase!
>> Gold don't work, bub. Dat dog jus dont hunt! <<
yes it has, you just choose not to accept it. diversifying a small portion of one's assets into gold would have helped many people's portfolios in the last year. it helped a lot of people in asian and latin american economies endure hyperinflation in recent years. maybe it hasn't done much for americans yet, but that is set to change here soon! furthermore, i haven't been shilling gold for the last couple of years. i am staking the claim that it will outperform in the next 3, 5, & 10 year periods, while you choose to focus on the past! |
