Friday, October 1, 2010

DOW vs Gold

As many of you know, I got into gold in late 1999. I said at that time that wise investors would follow suit.

Below are the 10 year charts for both gold and the DOW. As you can clearly see, the DOW has LOST about 1% of its value after 10 years. But gold has risen about 500%, and still rising.

While I would not sell the farm to buy gold today, since the price is so high, I would still strongly recommend investors put at least 10% of their portfolio in gold. Just my opinion...again...


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