GOLD 0.51% $1,391.7 gold futures

Skol, If you had invested your $215000 in a Gold index or at...

  1. 284 Posts.
    Skol,

    If you had invested your $215000 in a Gold index or at least, a handful of solid gold mining companies back in 1986 then by now you certainly would have made far in excess of a 6 fold gain.

    If you include dividend reinvestment, then your gain would have been even greater.

    I don't think anyone on here is genuinely advocating that investing 100% of your net wealth in physical gold is a good idea, I don't think it is. However, investing in Gold companies that are producing gold and leveraged to the upside potential in a gold price movement makes way more sense that real estate.

    Real estate the world over and especially Australia is ridiculously overvalued, Gold is not overvalued.

    Cheers
    Ivan
 
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