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To: kinoxi

Human creativity is the long term source of wealth.

This creativity has driven down the price of all commodities over time--gold included. (see Julian Simon's book "The Ultimate Resource" http://www.amazon.com)

Don't count on anymore than possible short term gains from gold.


7 posted on 05/27/2006 10:47:25 PM PDT by John Semmens
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To: John Semmens

i don't wager in metals currently. thanks for the info though...


10 posted on 05/27/2006 10:49:57 PM PDT by kinoxi
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To: John Semmens

Your link didn't work for me, but I certainly agree about creativity. That is what creates new wealth and enlarges the size of the pie. I think Warren Buffet would advise someone with $36K mad money to look around and invest in something he knows and understands. One would think that surplus indicates he knows something about making money.


34 posted on 05/28/2006 5:32:57 AM PDT by ClaireSolt (.)
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