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First buzzed by: Pete

Gold, Not so Golden in 2008

One asset that investors might have expected to do better in 2008 was gold. But gold's performance this year has been middling. » Full Story on Wall Street Journal

Well, I have certainly been "disappointed" with the yellow metal in 2008. I have loved the returns on AIG, Bear Stearns, Lehman Bros., WAMU, Citigroup, Fannie Mae, Freddie Mac, GM, Ford, Chrysler, Wachovia, and legions more of those fine "blue chips." Yesirree Bob, give me more of disappointing returns. Remember what the immortal Mark Twain said, "it isn't the return on my money, it's the return of my money...." The writer of this nonsensical article ought to take a position on the TARP board to feel at home.

posted Dec 26, 2008 |
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