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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (2541)	12/5/2005 3:10:27 PM
From: FiveFour	Read Replies (1) \| Respond to of 217768

this is a test :0) The difficulty I always have with gold is that it does not produce anything, pay a dividend, or have a growth rate and it has a carry cost associated with holding it. My call on gold? Trick question. Relative to real value: Flat. In a year, an ounce of gold will very likely buy roughly the same number of barrels of oil, or tons of wheat as will today. Relative to currencies: Currencies are falling, some faster than others. In a year, we will be able to trade that ounce of gold for many more dollars, euros, or yen than it will cost us today.