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Old 01-03-2009, 08:52 AM
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Quote:
Originally Posted by Stanexpat View Post
Take a look at the chart in the link below. Back in the late 70's you could buy gold at $750 an ounce and today it about $850. If you bought back then you would have made almost no money, in fact in inflation adjusted dollars you would have lost big time, not exactly a great investment.

http://www.kitco.com/scripts/hist_ch...rly_graphs.plx

Just like every other investment, it's about timing.
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