GOLD
Click for more information
0.51% $1,391.7 gold futures

Gold was $35 an ounce. It's now 50 times that in 50 years....

  1. Hopeful Hitter
    106 Posts.
    lightbulb Created with Sketch. 38
    clock Created with Sketch.
    01/12/23
    08:59
    Post #: 71210191
    Gold was $35 an ounce. It's now 50 times that in 50 years.

    Imagine having your original investment increase by 100% of your original purchase price every year and then arguing that inflation would erode those gains.

    It's Australia, not Tanzania
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch. 2  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

MND Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?
right-arrow Created with Sketch.
NEWS Real estate dynamics & changes raise investor doubt
right-arrow Created with Sketch.
PEC Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil
right-arrow Created with Sketch.
MM1 Geochemical work at Newington picks up gold and copper anomalies for Midas
right-arrow Created with Sketch.
IGO IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity
right-arrow Created with Sketch.
NEWS Nine staff strike as Paris Olympic coverage begins
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.