Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ml/nj

A few years ago, many folks game me the smartass oneliners when I disagreed with their new economic theory that gold was a dead investment. Now, my gold fund shows a 1,000 percent return. I wonder what they are getting.


6 posted on 11/06/2007 5:47:22 AM PST by ghostrider
[ Post Reply | Private Reply | To 1 | View Replies ]


To: ghostrider

Many on FR have been dismissing gold all way up from $275. Gold was frequently discussed on the Market Wrapup threads back in the day. After a while people got sick of the constant bashing and moved over to Freedom4um.


8 posted on 11/06/2007 6:58:19 AM PST by Soren
[ Post Reply | Private Reply | To 6 | View Replies ]

To: ghostrider
I wonder what they are getting

The 'smart' money is getting hammered.

http://www.freerepublic.com/focus/f-bloggers/1900897/posts 9 /23/07


9 posted on 11/06/2007 7:45:19 AM PST by bjs1779
[ Post Reply | Private Reply | To 6 | View Replies ]

To: ghostrider
A few years ago, many folks game me the smartass oneliners when I disagreed with their new economic theory that gold was a dead investment. Now, my gold fund shows a 1,000 percent return. I wonder what they are getting.

I have been stockpiling Silver and buying some Gold too on my modest income for the last year or so. Everyone made fun of me. They're not laughing now, and a few of them have even come to me for advice on where to buy.

23 posted on 11/06/2007 8:55:27 AM PST by Catholic Canadian ( I love Stephen Harper!)
[ Post Reply | Private Reply | To 6 | View Replies ]

To: ghostrider

Let me see than, when my roommate was telling me to buy gold in 1980 because it was going over 800 oz, I should have bought it at about $400 - $600 an ounce. In todays dollars (inflation adjusted) I would break even at $1000 - $1502 without any profit. I will just keep on buying hard goods with my fiat currency thank you very much.


50 posted on 11/06/2007 4:45:14 PM PST by Woodman ("One of the most striking differences between a cat and a lie is that a cat has only nine lives." PW)
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson