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To: edcoil

What's Driving Gold?

All this marketing that tells saps its a great investment.


29 posted on 01/04/2006 12:09:25 PM PST by HamiltonJay
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To: HamiltonJay
As an investment sometimes its more efficent to own the stocks, or a mutual fund that trades in stocks of gold mining companies. Look at his US Global Investors Global Resource Fund. Some portion is invested in Gold mining stocks. (Diversification is a good thing!) It went up 99% in 2003, 30% in 2004, and probably about 40% this year. Like any investment it will have down years. What did the dow do in 2003? in 2004? This year? Does he know what he is doing? Some Sap.
41 posted on 01/04/2006 3:19:48 PM PST by Pete from Shawnee Mission (Its ok to invest in gold if you are using "risk" capital...)
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