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Bozzor · 05-03-2006, 03:34 AM

"Sell in May and go away"

Well, I think the stock market has bene doing well so far, but with Iran and the oil price the way it is, the stock market does not look like a good near term bet. I do think gold may go up and down yet, but remember that in 1980 gold hit USD 850/ounce, which in inflation adjusted terms would be USD 2200 today/ounce. If you bought gold then and held it, you would have lost out big time

05-03-2006, 03:34 AM	#9 (permalink)
Bozzor Enthusiast Join Date: Mar 2006 Location: Sydney (most of the time) Posts: 286 Thanks: 0 Thanked 0 Times in 0 Posts	Re: Is anyone buying gold, silver? "Sell in May and go away" Well, I think the stock market has bene doing well so far, but with Iran and the oil price the way it is, the stock market does not look like a good near term bet. I do think gold may go up and down yet, but remember that in 1980 gold hit USD 850/ounce, which in inflation adjusted terms would be USD 2200 today/ounce. If you bought gold then and held it, you would have lost out big time