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SPDR Gold Shares Message Board

  • gallery_pup gallery_pup Dec 19, 2009 8:52 PM Flag

    GOLD just catching up!

    In November 1982, the Dow Jones Industrials broke 1000 and never looked back. Seasoned investors called it a "Dog Named Spike", "a bubble" going back to the tired days of the late 1960's & 1970's. It didn't. It went up, not in a straight line, but up nonetheless. Financial & real assets inflated to the levels we know of today. Gold languished during 20 years of blips and false starts, difficult to buy & sell, never really finding its footing, while financial & real assets were still commanding investors attention ... until the dawn of a new century. Now gold is easy to own, buy & sell and is commanding investors attention. It is catching up, catching up to the inflation of the past 25 years ... and there is alot of catching up to do!

 
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126.01+5.90(+4.91%)Jun 24 6:17 PMEDT