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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (71950)1/3/2010 4:13:40 AM
From: Haim R. Branisteanu3 Recommendations  Read Replies (1) | Respond to of 74559
 
TJ, you are again trying to avoid an honest comparison between the performances of gold to other investment venues. Nowhere in my posts had I discussed the "savings of a nanny" but investments venues for those with some experience in those matters.

I still do not understand why you are so stubborn and refusing to admit that even in a year of high uncertainty and record printing of confetti called “money” investment in GOLD bullion underperformed very badly if compared with other investments venues.

After all as long as the legal medium of exchange between buyers and sellers are pieces of paper called “money” investing in gold did not reward the investor as have other investment venues.

In a nutshell GOLD is still far from generating the returns that an able and capable investor can achieve in the financial markets. Gold bugs are proven wrong for the last generation and I suspect hoarding NOW gold as the main investment in an investment portfolio will have the same results in the future.

True timing and trading GOLD on an ongoing basis can increase returns as is the case with any other financial instrument but it definitely is not a medium of investment where you buy and hold and forget about timing and trading!!

Over the time span since 1982 to 2010 GOLD has badly underperformed even the S&P and NASDAQ as an example whose returns are negative for the last decade!!



To: TobagoJack who wrote (71950)1/13/2010 2:27:35 PM
From: Maurice Winn10 Recommendations  Read Replies (2) | Respond to of 74559
 
Cool. The free world of 5 billion people versus China's bosses. This should be fun. My bet is that the so-called New Sovereign is going to find the Second Coming is a bit too big to handle. Especially since the billion in China are not exactly on the side of the bosses any more than the proletariat of the USSR was on the side of Brezhnev. <If Google follows through on its threat, "Baidu would emerge as the dominant player with even more bargaining power with its customers," Li told investors in a note Wednesday, but added that even if Google stays in China, advertisers may still have concerns about spending on the site.

Still, the analyst argues a pullout is the most likely scenario. According to Li's checks, Google's site in China has already lifted censoring filters for some keywords, which could quickly put it at odds with the Chinese government.
>

Who thinks Chinese will do better or worse by being held hostage to Baidu? Who thinks Chinese will be able to compete with freedom when locked up as serfs behind the Great Wall of China?

Which is not to say the so-called free world is as free as it's cracked up to be. I suspect in day to day life it's more free in China where people choose to wear crash helmets or not, choose to smoke, or not, choose to work or not, choose to do do lots of things themselves or not. Provided of course that they kneel before the totalitarians when expected to do so.

"Don't be evil" is not a slogan which sits comfortably beside supporting people who shoot fleeing freedom-seekers in the back.

Mqurice