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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.09-0.1%4:00 PM EST
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To: Crimson Ghost who wrote (20325)7/21/2007 11:10:27 PM
From: John Vosilla  Read Replies (1) of 217550
 
'Gold still is VERY cheap versus financial assets, real estate, and other commodities.'

A very important point. Seems like gold is up 300-400% since a normalized price around $150-200 after gold adjusted to the free market around 32-34 years ago. What has every other asset class done since that time? Perhaps you can find RE in depressed rural areas of the heartland that went up by such a small percentage. Most everything else I've looked at seems to be up 10-30 fold..
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