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To: nicmarlo
correction:

would have been worth over 5 billion dollars at one point even though Calpers had total assets of 250 billion

5 billion = 500 billion.

212 posted on 04/03/2008 2:50:34 PM PDT by groanup (After 20 years someone finally made money in gold. Now it's "I told you so".)
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To: groanup
would have been worth over 5 billion dollars at one point even though Calpers had total assets of 250 billion 5 billion = 500 billion.

And that figure is evidence of just how astoundingly ridiculous of a presumption of error you attributed to me on YOUR part.

I knew that Calpers has ~248 billion invested TOTAL in ALL investments. Egads....what complete idiots YOU are to make such presumptions.

Now, perhaps if you had ASKED me a question about what I meant, rather than try to presume to speak for me, you wouldn't look such the fools you are.

215 posted on 04/03/2008 2:58:51 PM PDT by nicmarlo
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