gold, page-94507

  1. 33,767 Posts.
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    How many properties do I have. 3 currently.......I've owned a lot over the years.., probably about 14. It's been very profitable and taken a minuscule amount of my time. Properties worldwide have gone absolutely ballistic the last few years because of the lowest interest rates in recorded history.

    And it's got a return, and as we all know gold has zero return, a gold bar gathers dust. Have you taken into account the outlandish fees 'stackers' get ripped off by gold and silver dealers? I'll bet you haven't.

    Silver is a terrible investment over any decent time period, and I'm going to post a chart to prove my point. If you'd bought silver in 1980 at US$52, you'd be down 85% inflation-adjusted, not exactly a winner. If you bought a property in 1980 and rented it out you'd have made an absolute killing.

    Since 1950.....

    Total Return Index..(dividends reinvested)...+257,289%

    S+P500...26,129%

    DJIA.....18,194%

    Gold....4,103%

    Silver....3,341%


    https://hotcopper.com.au/data/attachments/3078/3078639-74379487ff7ff9c53e167d45ffa9eb1b.jpg


 
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