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

To: dollarbull
How are you doing against gold, in 1, 5, 10 year time periods?

I'm doing fine. I'm also doing fine over the 6 month and 20 year time frames.

You don't think that gold is a good buy based on Central Banks purchases, do you?

19 posted on 11/10/2009 11:02:52 AM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
[ Post Reply | Private Reply | To 17 | View Replies ]


To: Toddsterpatriot
I'm doing fine. I'm also doing fine over the 6 month and 20 year time frames.

Care to post some #s? Cuz I don't believe you - you had all those toxic banking stocks, etc.

You don't think that gold is a good buy based on Central Banks purchases, do you?

You're confusing cause and effect again. Central banks have shifted from net gold sellers to net gold buyers BECAUSE gold is a good buy. Gold isn't a good buy because they are doing so, although their actions in the gold market will alter demand/supply dynamics and cause the gold price to rise even more than it otherwise would. Enjoy the view from the sidelines, it's going to be a hell of a ride.
25 posted on 11/10/2009 12:04:33 PM PST by dollarbull
[ Post Reply | Private Reply | To 19 | 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