To: justshutupandtakeit
re-evaluation of gold as an insurence asset against the rest of your porfolio. Gold is obviously not a get rich over night investment, unless something consistant and tragic happens which I pray against. But once again, there are forces out there who are smart enough to know our weakness is our economy, therefore it is thier target. Considering that, to say looking at gold is a waste of time and effort is a mistake.
277 posted on
07/25/2002 9:55:29 AM PDT by
Fyscat
To: Fyscat
"One might reasonably ask why today -- with stock markets
collapsing, and the derivative problems of J.P. Morgan and Citibank suddenly grabbing the headlines, why would anyone
chose today to dump his gold?"
280 posted on
07/25/2002 11:03:47 AM PDT by
Fyscat
To: Fyscat
There is no need to re-evaluate gold as an investment. It gets the same consideration as any other speculation for it is only that a speculation. It has never been a good investment only a tempting speculation from time to time but probably never will be again. At present only lesser developed countries consider it a good investment.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson