Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: tyc:> who wrote (6658)	1/8/2003 7:51:12 AM
From: Condor	Read Replies (2) of 39344

Don't you have a balanced portfolio to reduce the overall risk while enjoying the high returns of the individual components ? Yes. Gold insurance was missing however so it was unbalanced. I don't play golds and don't like them. But.......in the event of catastrophies like the collapse of the $ US or implosion of the US real estate markets or global abandonment of financing escalating US debt etc etc I should have gold protection.The private mortgages, bonds, GIC's, equities and cash I hold are denominated in paper currencies. An investment that holds gold bullion as insurance is what I am looking for. Note that I said "holds gold bullion" and not "looks for gold bullion". Thanks for your input tyke. C

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