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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: c.hinton who wrote (80097)	12/20/2001 5:04:47 PM
From: KipferlMeister	Respond to of 116759

<<To say gold is a moot investment >> For what it's worth, the only reason I stick with this miserable metal is because I believe it may regain some of its appeal as an investment vehicle (portfolio hedge). Market gains were routinely so large during most of the 90's as to make them effectively unprotectable. Now however, the expected investment returns returning to reasonable levels may make a 1% or 2% gold hedge by portfolio managers a reasonable proposition again ...and the relative under performance of such a hedge allocation less glaring.