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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 421.63-0.1%Jan 13 4:00 PM EST
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To: carranza2 who wrote (32333)4/5/2008 10:04:48 AM
From: Ilaine  Read Replies (2) of 219326
 
History simply does not support the belief that you can get significantly richer by buying gold. It holds its value, which is nothing to dismiss lightly.

I remember when James Blanchard went broke buying back the gold he sold for less than he sold it for, because he felt that he owed it to the people who trusted him. He's a good man.

It's a fantasy that some men hold that they will never get free from. But you have to take risks to get rich, and the downside of risk is that the odds are that you won't.

For me, my greatest investment is in my sons' education. That's where the surest wealth will come, not for me, but for them.
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