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I agree. I think money can be made in gold, but only because it fluctuates in price, and you'd have to somehow figure out how to buy low and sell high. Just like any commodity, I guess.
And, apparently even worse than gold, is stock in a gold mining company.
But I'm with you. I would never buy gold myself. I don't think your theory is crackpot, I think gold is for crackpots!
(Remember, during the last big "gold rush," gold was at $800 in 1980. If you bought at that time, it took almost 30 years to get back to that.
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