Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

Something for you to laugh at Skol. The latest book keeping from...

First 40 Last

Share
Profile

Follow
gungadin

2,055 Posts.

2

02/09/14

08:57

Post #: 13908819
Share

Originally posted by Skol ↑

Hi Andy,
How has your gold been doing? Good question. Not too well I'd say, down 33% in 3 years and no respite on the horizon, meanwhile shares and city property are up heaps depending on what you own, it's still going and there's no end In sight.

Goldbugs are headed for financial oblivion at the current rate and you're on another planet if you think that gold's protecting you from inflation.
How's gold protect you from inflation when gold's down 33% in 3 years?

Expand

Something for you to laugh at Skol. The latest book keeping from the US indicates $17.5 Trillion debt, and $127 trillion unfunded liabilities. In the 1950'-1960 period every $1 debt gave $2.40 of gap growth, and now every $1 debt delivers $0.03 of gdp growth..great recovery, things looking very rosy in the US

http://pro.moneymappress.com/MMRBSL...79&s=72318&u=1656265&l=396894&r=MC&g=0&h=true
9 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 159 more messages in this thread...

First 40 Last

Add GOLD (COMEX) to my watchlist