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pencilvanian
1000+ Penny Miser Member
2034 Posts |
 Posted - 02/22/2008 : 18:02:45
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Nightly Business Report (NBR) did a quick segment on gold, and how it has gone up $100 a year for several years.
Gold is starting to make an impression, though for the Wall Street crown gold ETFs and gold mutual funds will be the things they push.
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Edited by - pencilvanian on 02/22/2008 18:43:10 |
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Ardent Listener
Administrator
USA
2627 Posts |
Posted - 02/22/2008 : 18:23:28
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| I picked up a popular investment magazine yesterday while getting my hair cut and they were all excited about gold. But like you said pencilvanian, they pushed every investment related to gold but physical gold itself. |
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fiatboy
Administrator
912 Posts |
Posted - 02/22/2008 : 21:42:27
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Most of my friends are really into the stock market. Lately they've shown a strong interest in gold, but like you've both mentioned, everything but physical gold. Nevertheless, I imagine it's only a matter of time before the smart players in the "paper gold" crowd turn to physical gold. I've noticed young people especially are receptive to owning physical gold. They're frustrated, however, because they don't have the cash to buy much. (like fiatboy  )
Very very slowly, people are connecting the dots.... |
"Bart, it's not about how many stocks you have, it's about how much copper wire you can get out of the building." --- Homer Simpson |
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Gold & NBR
