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Author: DeltaOne81 Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 34947  
Subject: Re: Implications of Fed pause Date: 8/12/2006 6:00 PM
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I think a key question, duey, is what are you intereted in Merk for?

Currently is not an 'investment' in the traditional sense. It will not grow in value, it will not pay you back. Currently trading is a zero sum game. The 'average' investor will gain nothing. Its not something that will naturally increase in value over the long haul like the market or real estate or pay you for your investment like bonds.

On another board you were talking about home savings, for which this seems completely inappropriate to me. So I hope that's not it.


It seems telling to me that the main page says "The Fund may be appropriate for you if you are pursuing a long-term goal with a hard currency component to your portfolio." Well, are you? Do you know what a 'hard currency component' means? (I'm not being insulting, I don't really. If so, do you know why, do you know the pros and cons?

I won't say no, but I'd sure like to know 'why' first.
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