Spot Gold Price Up for May
Gold vs. stocks for May 2010. It would seem that it pays to have some investments in gold.
The spot gold price was actually up for May. Stocks on the other hand, were hammered last month because of the concerns about a global slowdown. The Dow had its worst May performance since 1940, falling nearly 8 percent. All 30 components of the index fell during the month and the index has dropped in nine of the past 12 trading sessions.
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I thought about investing in gold about 10 years ago, now I am still thinking why I didn’t. There would have been quite a lot of money to make with gold bought to the right time. So now I am stuck with some crappy shares.
Keep posting stuff like this i really like it
How long will it take for people to see that gold is the only thing we can really rely on. Buy gold! Buy gold! The dollar is fickle and susceptible to failure.
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