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$1,391.7 gold futures

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33,213 Posts.

1406

23/05/21

17:19

Post #: 53359836
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Originally posted by mogga: ↑

In 1980 I could have bought $10,000 worth of gold when it was worth about $550 and now that $10,000 would be worth over $30,000

In 1980 I could not have bought a house for $10,000 - I could have put a deposit on a house and paid 12-13% interest on the rest.

My gold does increase in value - probably not as much as other assets - but it does increase.

For someone who builds so many houses
I'm surprised you still have time to talk so much crap on HC

YOu remind me of the punter on a saturday evening that talks about his winners
but never talks about his losers

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YOu remind me of the punter on a saturday evening that talks about his winnersbut never talks about his losers
=======

I haven't had any losers, they generate rent and people need a place to live.

People don't need gold.
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