Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.80

+0.9%

Nov 19 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: goldsnow who wrote (14650)	7/19/1998 6:44:00 AM
From: long-gone	Read Replies (2) of 116763

Goldsnow, you & I were "speaking" of commodity prices. Here is a bit taken from June I.I. : (article - One of a Kind by Jonathan Burton - very well written - a need to read) "That might seem a futile exercise at a time when resources ranging from gold to oil are in the cellar. But,eventually a small commodity holding could prove a lifesaver. Commodities often rise when stocks & bonds fall. (skipping down a few lines now) "No one asset class rules the roost," says Don Phillips President of fund monitor Morningstar. "These things tend to go in cycles." Investors with long memories won't be surprised to learn that there have been MANY periods when commodities outdid stocks. For the 25 years ending in June 1995, the Goldman Sachs Commodities Index returned 12.1% annually compared with (only) 10.9% from the S&P 500." rh

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next