Wow...I should take my own advise. Gold up 5.85% so far today.

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my experience on X5world when I spend too much
time posting in political threads in the lounge...

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"When you do things right, people won't be sure you've done anything at all" (Bender, futurama)

You make something idiotproof, they'll make a better idiot

You think professional is expensive, just wait until you pay for amateur.

Never let your sense of morals prevent you from doing what is right.

Examine what is said, not who speaks.

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RIP 4.6is.....

2003 4.6is

You mean Gold Futures?

http://www.goldprice.org/live-gold-price.html

Up about 15% since the middle of last week, and up over 125% in the last 5 years. I'd say it's a pretty good and steady long term investment with minimal risk.

The only time gold does not do well is when the market is doing extremely well, and even then you don't see large drops.

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my experience on X5world when I spend too much
time posting in political threads in the lounge...

I was right

Blue, the Mkt was sagging like a 5 buck card table until the
Sec of Treas announcement, late in the day...calling this mkt,
imo, is less accurate than throwing the proverbial dart.

Don't hurt your arm patting yourself on the back...

Not a gold expert, ( I do own some, both reg & of numismatic quality),
but before you toss up a snapshot comparo stat, you might do a lil'
digging with "price" vs inflation adj price, and look back a few months
when those gold bugs bought it at its recent top. If you think it's a
"steady long term investment with minimal risk", throw some dough at
it, but that's a pretty glib comment on your part, imo. We aren't shopping
for cauliflower.

I don't think it's a "bad" investment, and ought to be part of any good
sized port. But, unless it's Apocalypse Now, I wouldn't bet my ranchettes on
being a huge gold bug, imo.

It closed up 500 points