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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Taikun who wrote (56538)	11/27/2004 1:12:59 AM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 74559

David No and I've been searching for that also. I will say as a Canadian I'm hard pressed to find a good reason to buy gold. Frankly even if I were American I'd be hard pressed unless I was expecting social collapse in which event I prefer guns and butter :o) OTOH gold stocks with their associated leverage and possibly masses of US investors .. are a valid option... unless they are dragged down in a broad market collapse :o( If I were American though right now the following chart tells me that foreign currencies were just as good bet as gold and far more liquid... The gold bet is that all 'fiats' will run out of gas unless you are American but then the above applies :o) BTW on the slider bar where it says 200days at the chart bottom you can right click on it and change the period... stockcharts.com Gold is not unspectacular in loonies... it's down :o) I did the chart exercise you saw for Oil also following amark's lead att e time. Oil last Christmas was down in loonies... but up in USD... remember the Loonie was nudging .80 Us back then... investorshub.com B.