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echo: science
to: Joe Bruchis
from: DAVID WILLIAMS
date: 2007-05-22 09:58:42
subject: jewellery

-> Gold is collectible in either case, because it is a rare commodity recognize 
-> world-wide as a valuable currency. It will only become more valuable as 
-> inflation and poor economies increase. 
  
That was my reasoning when I bought some gold, maybe 20 years ago. For 
many years, I hung on to it, and saw its value fluctuate, sometimes up, 
sometimes down, but never very far. In the end, I sold it, and made a 
profit, but nowhere near as much as I would have made if I'd just put 
the money in a good interest-bearing bank account for that long. 
  
Relative to the U.S. dollar, the price of gold has recently been 
rising. But relative to the Canadian dollar, which is the money I 
usually use, it has been falling. I'm not inclined to buy. 
  
                           dow 
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