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04/09/11 5:05 PM

#1052 RE: kudos2u #1051

He asked the investment professionals in attendance if any had more than 5 percent of their personal assets in gold. No one raised a hand.

"If it were a bubble a lot of people would have gold. The whole world would be trading gold 24 hours a day," he said. "But I don't think it's really a bubble. I think gold is maybe cheaper today than it was in 1999, when it was $252.

http://www.cnbc.com/id/42478554