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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: RealMuLan who wrote (14231)10/28/2004 7:24:27 PM
From: benwood  Read Replies (1) of 116555
 
I was a lousy stock picker in '59 <g>. Given the averages though I'd have done better in the stock market, perhaps twice as well after tax. The good ol' time with gold I guess means the couple thousand years that preceded the very recent fiat currency experiment -- you're right, that was a fun time but not as fun as knowing there's a possibility I could be making a million dollars a year when I'm 65. Way more if my job isn't exported by then.

I frankly would be surprised if gold was 12x today's price in 45 years. I don't believe it can be held down so long <g>
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