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To: John Vosilla who wrote (132734)4/5/2013 10:34:57 AM
From: RetiredNow  Respond to of 149317
 
Today is just one number, but what's more concerning is the Labor Participation Rate, which doesn't lie as well as the smoothed guesses in these monthly numbers. However, I've always been wary of gold as an investment. Too subject to rampant price manipulation and confiscation in bad times. It's more like a palliative than a real wealth preservation tool. However, it has been acting in a negatively correlated manner to stocks recently. So it may offer some mid-term portfolio stabilization. I have some gold, but not as much as I probably should have.