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To: Labyrinthos
And yes, if you bought Nasdaq in early 2000 you would be looking at a decline of 50%. Not sure what kind of return that would be but I would not want any part of it. By the way I bought my gold coins in 1959 at $38.00 per oz. Put it away and never even thought about trading It is now close $1250 per oz. Maybe the return is not that great over the years but I will settle for it. Also would like to relate that in Vienna in last two weeks the Austrian Mint sold 243,500 one oz coins. Historically this type of purchase will not be offered on the market again.
56 posted on 05/12/2010 12:30:26 PM PDT by brydic1
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To: brydic1

If you had invested the $38 in the S & P 500 Index back in 1958, it would not be worth about $4100 today — As opposed to $1210 for an ounce of gold.


57 posted on 05/12/2010 2:08:01 PM PDT by Labyrinthos
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