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Strategies & Market Trends : SiliconInvestor All Stars Forum

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To: Mike Johnston who wrote (19)2/12/2007 12:43:28 PM
From: KyrosLRead Replies (1) of 1718
 
2% in gold seems way too low

It depends on how probable extreme financial disruption is and how useful gold will be in that environment. I think it's very low probability, and gold has lost a lot of its old luster from the time it was official money. 50% of my PM holdings are in palladium, which at least is somewhat useful industrially.

any countries that can manufacture cheaper than China

India has the potential of becoming the low cost producer, at least for some manufactured goods. Globalization of services is in its infancy. Medical tourism is only now picking up. I can see insurance companies certifying foreign hospitals in the not too distant future and even requiring that certain procedures be done abroad.
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