Thread: Stocks?
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Old 01-29-04, 05:30 PM   #8 (permalink)
Join Date: Mar-2003
Location: Ontario Canada
Age: 58
Posts: 1,485
Gold is a speculative commodity used mostly as a hedge in troubled times. It's had a good run last year, the result of post war economic jitters,and a weak greenback but it might be too late to get into it now.
You'd be buying high.
US equities are still undersold and should make a comeback soon, barring any further attacks. As Equities and the greenback recover, gold will probably drop.
(my humble opinion)
Uncle Roy
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