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%
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)
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:
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