I'll do this just one more time...........just for you.
I've done it about 50 times before.
Gold price $A in 1979....$200
Gold price $A in 2020....$2600
Up 13 times.
Sydney house price 1979....$50,000
Sydney house price 2020....$1,140,000
Up 22.8 times, and that's excluding 41 years of rent = $1,119,000 (@$525/week) in 2020 dollars, less rates, insurance and repairs.
That's why most people own houses not gold bars, and you get to live in them as well. Nice.
- Forums
- Commodities
- GOLD
- gold
gold, page-86234
-
- There are more pages in this discussion • 41,595 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online