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Message:: [QUOTE="Cloudsweeper99, post: 1280113, member: 3011"]Nobody can "predict" what stocks [or gold] will do over the long run.  In the 1990s there was talk of "Dow 40,000."  Now there is talk of "Gold 10000." People never change.  Anybody who believes GM and Citi were "blue chips" at any time over the past decade should stay out of the market.  While it is true that some companies commit fraud, the vast majority don't, and it isn't difficult to tell the difference.  Most of what you say about companies and CEOs is irrelevant to investing.  Anybody who loads up on pink sheet stocks and those about to go out of business will get what they deserve from engaging in an activity for which they have no training or preparation.  But for the average person willing to put in the time and effort, the stock market remains one of the best wealth creation vehicles around.  Just because you can't do it doesn't mean everyone should stay away.[/QUOTE]