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Strategies & Market Trends : Investing during a Bear Market -- Ignore unavailable to you. Want to Upgrade?

To: Investor2 who wrote (125)	11/11/1997 3:11:00 PM
From: Tommaso	Respond to of 226

To tell the truth I was distracted and book-marked this URL before I finished reading it, which I ought not to have done. I mostly agree with you, and like you have done very badly on gold. A few bank collapses and a flight from the dollar could always bring gold back into fashion, but I won't get interested until it's about $250/oz, which would put it well below the comparable 1930s-era value of $35, adjusted for about ten times or more inflation since then. Of course the leach-mining methods possible now make it cheaper to produce in real money than ever before (whatever real money is). But it does have appeal as jewelry. Also the dentist keeps putting more of it into my mouth.