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Stocks B / Barrick Gold Corp.
|Subject: Re: After the Gold Rush?||Date: 11/24/2003 9:44 PM|
|Author: frogfarm||Number: 230 of 247|
This is a obvious attempt to downplay gold. The time period in the comparison ends with gold at a cyclic low and stocks at a cycle high. Also any talk about the good stock market returns, has to be viewed with suspicion unless the dropped out stocks are completely accounted for. Besides the obvious Cable Crossings and Enrons, many stocks quietly dissappear. There is a lot of equity that simply vanishes.
If you want to compare holding gold for 200 years, then hold an uncirculated gold coin. Show me any gold coin that is only worth $.98
Since your original dollar was invested, also invest the gold as an uncirculated coin. I would love to have an 1802 gold coin in mint condition and would pay dearly for it.
I submit, your article was a hatchet job, and very biased.
Russ of the Frogfarm
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