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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Claude Cormier who wrote (63522)2/18/2009 12:14:49 PM
From: Tommaso  Read Replies (1) of 78416
 
The difference is that if you own Canadian Oil Sands Trust, you would at that point be getting 100% per year back on your original investment, indefinitely. Your gold might have tripled but you would have to sell it to get any spendable income, whereas in three years wou would get back triple your original investment in COS.UN and still have all the principal gain, which would also have outperformed gold.

I am not saying this all WILL happen, but if gold is at $3,000 and oil is at $300, it will have been much better to have been in oil.

Right now, I am about equally in both--though actually somewhat heavier in gold because I think it might initially lead oil if a real gold mania develops.
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