So lets do the figures.
On the next 6 yrs.
Current interest rates on Deposits. .5%.
Expected to go lower! $100,000 in Bank. @.5% = $500.00 * 6yrs $3000.00 + a touch if you compound.
Now Gold @ $1, 500 an oz. Expect lower!!! Buys you 66 .66 ozs. of gold. Using the best chartists in the world. lol. Gold should be $2100 in 6 yrs.
So 66.66 ozs * $2100 = $140,000 .
So why give the Aus Banks your money.
Are you all mad?
- Forums
- Economics
- Banks are ripping us off
So lets do the figures.On the next 6 yrs.Current interest rates...
- There are more pages in this discussion • 5 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
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online