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To: simon says what; T. Jefferson
Since the low in Gold in 1999 it has outperformed the Nas by 73%.

Since the Nasdaq low in October 2002...

The Nasdaq has outperformed gold by 30%.

139 posted on 12/07/2005 10:04:20 AM PST by Toddsterpatriot (The Federal Reserve did not kill JFK. Greenspan was not on the grassy knoll.)
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To: Toddsterpatriot
Since the Nasdaq low in October 2002...

The Nasdaq has outperformed gold by 30%.

Yeah but the HUI Gold Stock Index has ouperformed the NASDAQ by 23%.

HUI Gold Stock Index = Green         NASDAQ = Blue

143 posted on 12/07/2005 10:12:06 AM PST by simon says what
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To: Toddsterpatriot

For a long time platinum and gold were about the same price. Now platinum has continued to move higher, with inflation I suppose, while gold has fallen relatively to about 1/2. Platinum has industrial use in this environmental age, so that may be why it has kept up with inflation. Gold has some use in electronics and paintings of saints, but it seems to be mainly for jewelry and some kind of hedge against the eventual collapse of civilization [got to wonder if even gold would make a stout enough wall against the starving, irradiated hordes]. Aside from the adage that one must have gold to make gold, there wouldn't be any particular need to keep gold around, but owning a gold mine would be not a bad idea.


145 posted on 12/07/2005 10:14:36 AM PST by RightWhale (Not transferable -- Good only for this trip)
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