GOLD 0.51% $1,391.7 gold futures

MobyTWe were talking about the USD/Gold performance not...

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    MobyT

    We were talking about the USD/Gold performance not compunding interest... we were talking about the likely direction of gold in USD .. or the USD vs gold i.e what the chart is likely to look like in the future.

    Some here think the USD will strengthen.
    It may temporarily but what has history shown over time?

    By the way ..
    You can have gold compounding too in a sense by investing in a gold miner .. it doesnt have to be locked away.

    but even locked away and doing nothing, it still is more "money" than fiat money.
    Some people dont see gold as real money and my previous crude illustration should resoundingly show it is.

    you can leverage gold for instance .. look for a low cost producer that's got a good balance sheet and finding more resources and ramping up.

    Have a look at how some low cost gold stocks have done since inception... such as DOM etc..




 
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