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To: MythMan who wrote (81302)3/16/2001 7:28:48 AM
From: Lucretius  Read Replies (2) | Respond to of 436258
 
it certainly did on that run from $35 to $800 (1970-1980). truly a loser investment -bg-

so what's the trading range for gold? you need to pick one so we can have something to look forward to (VBG)



To: MythMan who wrote (81302)3/16/2001 8:29:58 AM
From: Follies  Read Replies (1) | Respond to of 436258
 
I'm in the camp that thinks gold is one of the worst investments around. It's proven itself time after time

That sounds like the idiot I asked to check if my turn signal was working and he said....

It's working....It's not working....Its working ..... Its not working.....Its working.....Its not working.......

Almost all investments are cyclical, there are times to hold em and times to fold em.

Holding gold when Nixon closed the exchange window and floated the dollar was especially profitable.



To: MythMan who wrote (81302)3/16/2001 8:44:15 AM
From: Mike M2  Read Replies (1) | Respond to of 436258
 
Mythman, investing is like driving you need to look forward if you look in the rear view mirror you just might crash -g- Real estate has been inflated by the credit bubble it has peaked and will decline- that's the way it goes. mike