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April 08, 2004 By: Spencer Category: Gold Roth IRA

Would it be a great to invest in the GLD ETF for 30 years in a ROTH IRA?

I am 25. Will gold go up in 30 years? What is your view on the market? Etc?

Look at what gold has done in the last 30 yrs. In the early 80′s, it went to over 800 an ounce. Gold then went into decline. It took gold almost 30 years to to surpass that high.
In the early 80′s, the market was near 800, today it is over 10,000. The market is a much better investment.
Chasing the current hot investment, is nearly always a bad idea.

Julie Roth ::Heart of Gold::

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