Originally posted by bilbo35
Gold mining stocks pay dividends...Sold NCM $44.....Gold has held value over the years. Was 25USD an ounce 1913 and 35USD an ounce 1933....
1314 USD per ounce 2019. One USD now worth 4 cents of a USD in 2019 due to inflation year on year since 1913!
Still denying inflation!
Even my Gold holding is up 8%...Bank interest 2%....Taxed on both. CGtax Discount on Gold held 12months. Bank Interest straight to income!
Calculate your Stocks/Dividends "inflation" adjusted....You know purchasing power of the Dollar...Gold Holding up nicely...
Printing money does not increase purchasing power!
IMO!
How about we compare the DJIA with dividends reinvested since 1913. I suppose we could compare property, farmland or any other dividend paying investments but that wouldn't suit your agenda, would it?
Since 1913............. gold $20.67 now $1,315 up 6,357%
DJIA in 1913 with divs reinvested..............2,454,661%