GOLD 0.51% $1,391.7 gold futures

More food for thought. If you bought an average house in Sydney...

  1. 106 Posts.
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    More food for thought. If you bought an average house in Sydney in 1920, you would have paid $7,000. You could of bought 350 ounces with that.

    The gold would be worth over $1m today in AUD. The house, probably not to far from that if we are talking average.

    Now, granted you could have received rental income for the house, but, you would need to spend another $1-1.5m to knock it down and rebuild as it would be dilapidated.

    So gold is not a complete dud like you keep saying. Just give it up champ.
    Last edited by Hopeful Hitter: 01/12/23
 
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