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To: Lhn5 who wrote (36167)7/25/2005 6:36:23 AM
From: Elroy JetsonRespond to of 306849
 
Gold maintains its purchasing value over time but does not provide a positive real return, unless you trade short term price fluctuations profitably.

These factors make gold an ideal basis for a currency but also a poor long term investment.

Most investors hope to earn a positive real return which gold does not provide.

Sensible investment opportunities are currently scarce. Sometimes the only way to win a game is by not playing.
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