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Profile: Leo1
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User Name: Leo1
Groups: Gold User, Member, Platinum User, TeleChart
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Joined: Monday, April 4, 2005
Last Visit: Sunday, June 17, 2018 4:22:39 AM
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Last 10 Posts
Topic: GLD
Posted: Friday, August 26, 2011 1:59:39 PM
The media claims that gold is a safe haven. Would someone please explain how anyone can believe that you can buy a slice of bread with a copy of your stock account showing that you have a piece of gold in a Chinese bank in London? Gold looks like a broken clock that is right twice a day. Go back 30 years and you can see that dollars in all the gold in the world under performed the DOW by trillions of dollars.