#OT# Hard data on "investment" returns
"Bill McKee" wrote in message
m...
"Ed Huntress" wrote in message
...
"John R. Carroll" wrote in message
...
Wes wrote:
Ignoramus16758 wrote:
And yet I read countless Leftwingers all ****y and nasty about folks
who bought gold and have sat on it.
So, do you recommend buying gold now? Or what are you saying,
exactly?
I don't know if Jon Stewart was full of chit or not but he was poking
fun at gold sellers on Fox that had a 30% commision.
You might want to reconsider Wes.
He was poking fun at idiots buying and selling gold that were paying a
30
percent premium to brokers.
Gold is a market for children and POG people.
It has absolutely no basis, reality or use in the real world.
Completely Speculative is the best description.
--
John R. Carroll
We may be missing something here, John. If things get *really* rough,
gold would make good fishing sinkers and, probably, pretty good bullets.
Lead may be too valuable then to use for the purpose. g
--
Ed Huntress
You want to invest in gold, just buy the stock GLD. Priced at 1/10 of an
oz. Hell of a lot less commission than 30%.
No, thanks. I'm not a speculator. Nor do I bet against my country's health.
--
Ed Huntress
|