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To: E. Graphs who wrote (25506)1/30/2003 4:06:24 PM
From: Jock Hutchinson  Read Replies (2) | Respond to of 25814
 
'Under the pillow' is only safe if the money is in the form of gold

Since 1980, the price of gold has been cut in half. The stock market has gone up 10 times. Gold has been a terrible investment. Even during the time period between 1966 and 1982, Gold doubled, while the market went nowhere. Gold is only "safe" if it's permanently embedded in your molars. And for someone who seeks transparency, how can you possibly know when the Russians will release their vast storage of Gold, and with it dramatically driving its price down.



To: E. Graphs who wrote (25506)1/30/2003 10:04:44 PM
From: TimF  Read Replies (1) | Respond to of 25814
 
The price of gold fluctuates so its not safe even if it is gold. If you buy gold at the blowout tops of bull markets in gold it can be a very long time before your break even.

Tim



To: E. Graphs who wrote (25506)1/31/2003 2:47:55 AM
From: Skywatcher  Respond to of 25814
 
Time to change the NAME OF THE THREAD.....
CC