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To: Toddsterpatriot
But I thought gold was the only way to really store value? I heard that an ounce of gold has always bought a decent suit. (smirk)

From the article:

Not so great. At the start of the year 2000, prices for gold and silver in real terms were about the same as they were one hundred years before (see charts). Demand (largely from industry) has increased, but supply has on average kept up.

Gold and silver are money, not an investment. Anyone pretending that they are an investment is a shill or a speculator. Anyone pretending they aren't money is ignoring history.

183 posted on 06/01/2006 3:07:33 PM PDT by palmer (Money problems do not come from a lack of money, but from living an excessive, unrealistic lifestyle)
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To: palmer
Gold and silver are money

That gold money declined about 13% in the last 3 weeks. Do you consider that a store of value?

185 posted on 06/01/2006 3:09:57 PM PDT by Toddsterpatriot (Why are protectionists so bad at math?)
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