On Sat, 02 Jan 2010 11:28:28 -0600, F. George McDuffee
wrote:

FYI --

For some hard data on the actual return on investment see
http://www.bloomberg.com/apps/news?p...y9JhxPH0&pos=2
snip
Investors who put $10,000 in stocks on Dec. 31, 1999, have $9,090
now, while the same amount in 10-year Treasury notes would have
grown to about $18,000 following a 6.1 percent annualized return,
according to data compiled by Bloomberg. A $10,000 investment in
the Reuters/Jefferies CRB Index of 19 raw materials increased 3.3
percent a year to $13,803. Gold futures rose 14 percent a year,
turning $10,000 into $37,852.
snip


And yet I read countless Leftwingers all ****y and nasty about folks who
bought gold and have sat on it.


===========


Unka George

(George McDuffee)

The past is a foreign country;
they do things differently there.
L. P. Hartley (1895-1972), British author.
The Go-Between, Prologue (1953).

"I am for doing good to the poor, but I differ in opinion of the
means. I think the best way of doing good to the poor, is not
making them easy in poverty, but leading or driving them out of
it. In my youth I travelled much, and I observed in different
countries, that the more public provisions were made for the
poor the less they provided for themselves, and of course became
poorer. And, on the contrary, the less was done for them, the
more they did for themselves, and became richer." -- Benjamin
Franklin, /The Encouragement of Idleness/, 1766