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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 (79726)	3/5/2007 10:06:37 AM
From: inchingup	Respond to of 110194

"Ah time, will tell whom is right, you or me." Of course time will tell, and yes I am familiar with Armstrongs work. Again I must reiterate I don't hold gold solely for appreciation. If it drops by half I will still be at a break even point and that drop will not negatively impact my overall finacial condition to any great degree. BTW, from a value standpoint gold has outperformed my home during the same 5 year period as we have not had the massive appreciation that those on the coasts experienced. "As for holding GOLD no matter what, have some nice gold faucets around the house." I had them in a home I owned some 20 years ago. They look nice...when they are polished.