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Gold/Mining/Energy : Gold Price Monitor
GDXJ 120.00+2.0%Dec 22 4:00 PM EST
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To: PaulM who wrote (16754)8/28/1998 7:10:00 PM
From: goldsnow  Read Replies (1) of 116822
 
It's easy to see why. An investor who bought 30-year U.S. Treasury bonds two years ago would have realized a return of 38.2 percent by now. Over the same period, the price of New York gold futures has dropped 29 percent. "

Anyone think that bonds would return that much in 2 years at this price? here is the problem for bond-investors right there and that in deflation time...Once inflation hits they dead..Hold-on for 2-3 years...can be very interesting
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