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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (79717)	3/5/2007 7:02:08 AM
From: inchingup	Read Replies (1) \| Respond to of 110194

"Gold - at best, will tread water. At worst - rally over. It breaks the 20 year Golden Chinese Bowl, you will wish you did not own it." Actually, many of us who are currently holding gold with a 5 year return in excess of 100% don't really care about all the naysayers. There are other reasons to hold physical PM's other than appreciation, which BTW have outperformed the DOW over that time period. It appears that many who did not have the foresight to buy and hold for the long term are quite jealous of those of us who have. Gold is trading down 1/3 of 1% from Fridays close. You can bet that there are many investors that at the end of trading today will wish they held physical gold instead of stocks.