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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: goldsnow who wrote (14721)7/21/1998 7:29:00 AM
From: long-gone  Respond to of 116764
 
Goldsnow,
What I'm waiting for is the day when people rush to their payroll departments and start putting 50% into a gold mutual fund. Most people
base the bulk of their investments on what ever fund did best last year at the place they work. A very few get all their investment knowledge from TV or the newspaper. Investment publications draw very few readers.
If the average american investor has any money in gold or silver today, it is a couple of old silver dollars and maybe a Gold Eagle or Maple Leaf. This average investor just keeps piling money into the same S&P 500 index fund. Many places do not even offer a gold mutual fund to the workers for their 401k investment each week.
But times they are a changin'!
rh