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To: GodGunsGuts

My comments were comparing Gold to China, not the Dow or S&P. BTW I had eyeballed your 5 year chart as the basis for my earlier comment about Gold return. Actually Gold has done well on a YTD basis. So I retract my earlier comment. But it is still half the return of China.

S&P 12%
Gold 24%
China 51%


58 posted on 11/29/2006 7:34:15 PM PST by plain talk
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To: plain talk
Actually Gold has done well on a YTD basis.

It's nominal price is a reflection of how the economy is doing, specifically, how fast the currency is debasing.

110 posted on 11/30/2006 4:07:57 AM PST by arthurus (Better to fight them over THERE than over HERE)
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To: plain talk
I would imagine that the HUI will pretty much have cought up to Red Chinese investments by the end of the year. BTW, if the dollar breaks more than 3% below .8050 for more than a few days, you are going to see gold skyrocket like it did back in the late 1970s IMO:


149 posted on 11/30/2006 8:14:59 AM PST by GodGunsGuts
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