Gold is shit

It's useless, except in the minds of goldbugs.

If inflation strikes, gold will be the worst performer of all commodities.

Bag holders from 1980 are still sitting at 25% nominal loss and 75% real loss. Even the idiots who bought in 1987 after the crash were down 40% in real terms. Let them suffer, I say!

所有跟帖: 

true, same color, can't eat, just a bit harder -twice10y- 给 twice10y 发送悄悄话 twice10y 的博客首页 (0 bytes) () 08/14/2007 postreply 11:16:12

That's one great interpretation! -dividend_growth- 给 dividend_growth 发送悄悄话 (0 bytes) () 08/14/2007 postreply 11:22:15

Let shit shine. :) -山高月小- 给 山高月小 发送悄悄话 (0 bytes) () 08/14/2007 postreply 11:55:42

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