To: dennisw
I may be dead ass wrong but my investement in the S&P500 has done a wee bit better in the last 25 years that the "gold value" investor that bought gold at $750 an ounce 25 years ago. That dead ass right fellow is still under water and, well, I'm not. By a long shot.
That is one weird ass definition of dead ass wrong but if that's being wrong I don't wanna be right.
And I have it on good authority that tulip bulbs are far tastier than gold but then it may be a matter of the spices used.
43 posted on
12/07/2005 3:25:52 AM PST by
Proud_texan
("Moderation in the pursuit of justice is no virtue." - Barry Goldwater)
To: Proud_texan
Heh - It ain't about you and your stock portfolio. We were discussing gold's intrinsic value.
44 posted on
12/07/2005 3:41:27 AM PST by
dennisw
(You shouldn't let other people get your kicks for you - Bob Dylan)
To: Proud_texan
Gold has beat the S&P 500 price performance by 4.2% this year. Gold is green in this chart and the S&P 500 is blue.
How about 2 years ? Gold has beat the S&P 500 price performance by 6%.
How about 4 years ? hmmm.... gold has beat the S&P 500 price performance by 75%.
How about 8 years ? Gold has beat the S&P 500 price performance by 47%.
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