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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (68315)9/28/1999 7:45:00 PM
From: Henry Volquardsen  Read Replies (3) | Respond to of 132070
 
Hi Richard,

2-5% of your net worth in gold? Did they get that from the same folks who came up with two months salary for an engagement ring :)

Fwiw I still hold to my opinion that the freeing up of the global capital markets has reduced gold's role. As long as the global bond vigilantes punish currencies that pursue destructive policies and real rates of return remain high gold will be an unattractive long term investment.

Henry


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