10.31.2007

Celebrate good times!

Gold hits $800!

And to think we were buying it under $500 less than two years ago.

"Gold is not a real investment," they told us. "Gold doesn't yield anything," they whined. "Gold is not a legitimate asset class," they said arrogantly.

I hope they're enjoying their 5% nominal returns on a plummeting dollar.

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Happy Super Tuesday!