GOLD 0.51% $1,391.7 gold futures

gold, page-86203

  1. 33,129 Posts.
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    I'll do this just one more time...........just for you.

    I've done it about 50 times before.

    Gold price $A in 1979....$200
    Gold price $A in 2020....$2600

    Up 13 times.

    Sydney house price 1979....$50,000
    Sydney house price 2020....$1,140,000

    Up 22.8 times, and that's excluding 41 years of rent = $1,119,000 (@$525/week) in 2020 dollars, less rates, insurance and repairs.

    That's why most people own houses not gold bars, and you get to live in them as well. Nice.

 
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