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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (367126)	1/16/2008 2:51:29 PM
From: tejek	Respond to of 1573328

Gold isn't an inflation haven. It's a haven from a debasing currency, and a traditional place to go, turn out the lights, pull the covers over your head, go fetal and wait for the storm to pass. I think gold used to operate that way but I think that's changed in recent years. It acts more like a commodity. When stocks fell off in 2000-2001 so did gold. And as the price of commodities has increased over the past 5 years, so has gold. Follow the link to Big Charts and plug in XAU for the past ten years: bigcharts.marketwatch.com