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To: re3 who wrote (681)	6/25/2000 2:23:00 PM
From: Efthymios H. Zacharias	Respond to of 436258

The current Barron's has an article on gold titled "Golden Hints - Is the Luster Returning?" by Rick Lombardi. The article is quite long and very positive on gold. It's the first time in a very long while I see gold getting positive press from the mainstream media. Here's how it ends: <Does this suggest that the future will be characterized by an entirely hostile stock market? Not necessarily. In the 10-year period that the Gold Valuation Index last journeyed peak-to-trough, the S&P 500 rose to 125 from 84 to generate an annualized nominal return of just over 4% (ex-dividends). However, adjusted for inflation, its annual real return fell to minus 3.5%. (The price of gold, in the meantime, rose 18-fold.) With exposure to the stock market at an all-time high, investors may wish to adjust their allocation strategies, given historic precedent. If they do, they will have affirmed one of Bernard Baruch's invaluable maxims: "I made my money by selling too soon."> interactive.wsj.com Need to subscribe to access the link