
The Mess That Greenspan Made: Money Magazine still hates gold, so …
They were wrong about the housing market up until it was obvious that the crash had already begun and they’ve been wrong about the stock market for a full decade, as many investors now know all too well. …. In all of 1980, the gold price averaged $612 and, without checking, my guess is that you could make any number of comparisons that would have gold bettering the performance of small-company stocks by a much wider margin than 4 percentage points, but, naturally, …
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