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Strategies & Market Trends : Ride the Tiger with CD

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To: rubbersoul who wrote (22421)11/30/2004 11:37:02 PM
From: Proud Deplorable  Read Replies (3) of 312759
 
I'm willing to bet him that he's way off.

"You’re not going to see it this year or next year. I think it’s going to 5-8 years down the road.”

1,000.00 by the end of 2005 is more like it. For a miner he sure knows nothing of gold fever, nor is he an economist.

People today want faster gratification than they expected in the '70s

If I thought it would take 5 years for gold to hit 4 figures then I would sell and forget it all and look for a better medium term investment like the USD or US residential real estate.
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