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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST
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To: long-gone who wrote (28256)2/14/1999 10:40:00 PM
From: Hawkmoon  Read Replies (2) of 116764
 
Richard,

I think we've been down this road before. Why don't you post the prices of gold since 1982??

I think the picture would prove a bit different for all of those gold investors who were told the end of the economic world was just around the corner back then.

Irregardless, the price of gold is down 25% from the highs you detail.

Thus, you have not disproved the truth of my statement for those who are long-term gold holders. And in the meantime, there have been many blue-chip companies that greatly appreciated in value.

Regards,

Ron
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