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To: Barney Gumble
Yes, you are selective in the stocks, years, etc., you selected, just as a gold bug could pick 1999 and say "what has better returns since - gold or stocks?"

I am not anti-stocks. Not at all. There are indeed profits to be made if you know what you are doing or have someone advising you that knows what they are doing. I also believe gold can be a good investment and it's wise to have it as a part of a portfolio. And, no, I have no gold for sale.

You will never find me mocking stock investors or doing cartwheels when the stock market dips. That's why I can't understand the people who find so much joy when gold slides for a day, even though it doesn't profit them a nickle. Can you explain that?

49 posted on 12/15/2005 9:41:39 AM PST by GLDNGUN
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To: GLDNGUN

I'm not doing cartwheels if gold dips, I just don't know why people invest in it and why it is so prominent on conservative websites and

I am hardly being selective when I compare the S&P 500 versus gold from 1975, when gold became publicly available until today. Again gold has gone up about 3x, versus 14 times for the S&P. Adjusting for inflation, especially the massive inflation under Carter, I'm not sure if you have much more money with gold?


50 posted on 12/15/2005 11:42:00 AM PST by Barney Gumble (A liberal is someone too broadminded to take his own side in a quarrel - Robert Frost)
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