gold, page-131917

  1. 33,730 Posts.
    lightbulb Created with Sketch. 1409
    Let's see how an investment in gold in 1917, 108 years ago, has done..a long period like this smooths out short-term fluctuations.

    In Sept 1917 inflation-adjusted gold was US$464
    Today it's US$3,084.

    Using the formula for compound interest, the annual return is.......1.77%...even an account at your local bank would have done better.

    Don't spend it all at once guys.https://hotcopper.com.au/data/attachments/6908/6908788-c46f488f88640f9b22c69e8de05f0a5a.jpg
    Last edited by Skol: 31/03/25
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.