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

To: Mark Bartlett who wrote (18993)	9/15/1998 9:26:00 PM
From: Don Green	Read Replies (1) \| Respond to of 116764

>gold has been a lousy investment for the last 18 years. I never said that. What I stated is that Gold has been trending down since it's heights in 1980. That is a long-term trend. If you had invested money in almost any other investment area in 1980 you would be much better off than if you had bought Gold. My main point IS this.. Many of the reasons used NOW for buying Gold were similar to ones stated back in 1980 and 1985, 1990, 1995..etc. But if you had bought gold on any of those occasion based on the reasoning of that time period, you would have lost money if you had held it as a HEDGE as is so commonly stated... Regards Don