Thread: holy shit! gold is at $807.60
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Old 11-04-2007, 12:20 PM  
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Quote:
Originally Posted by Eman - PG View Post
http://www.the-privateer.com/chart/usgmonth.html

If you bought and held in 1980 you would still be at a loss AND add 3%pa inflation on top of that. Ride the wave while it lasts but gold is not a buy and hold asset.
Sure it is - if your goal is to have a portion of your wealth that is stable against world currencies.

Every serious investor has at leas a portion of his portfolio in gold assets, I'm sure.
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