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GOLD

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$1,391.7 gold futures

Goldbugs are ALWAYS telling me about cash. How about property or...

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Skol

32,985 Posts.

1378

18/02/24

06:08

Post #: 72466066

Originally posted by stelios: ↑
SKOL
"It's all very interesting how posters from years ago are now very thin on the ground and the forum's attracted a few newbies."
Responding to your BS posts is a waste of time your argument is pathetic childish illogical and reputative.
You monopolize the forum
e.g, Your inflated adjusted Gold price is not adjusted for real inflation but the CPLie.

Compare one ounce of Gold beside US $40.8 in 1971 to todays values.
US$ Values
Year 1971 Today $ to Gold Ratio
Ounce of Gold $40.8 > $2,000 2 %
Fiat US$ $40.8 $40.8
Ounce of Gold /40 $1 $50 2 cents in $

Year 1971 Today Comment
1 Ounce of Gold $40.8 > $2,000 $ to Gold Ratio = 2 %
2 Fiat US$ $40.8 $40.8 98 % Depreciation
2 cents in $
3 Ounce of Gold /40 $1 $50 1971 $1 is worth $1 Today
1/40 oz of gold is worth $50 today

A 1971 $1 is worth $1 Today and $50 if held in Gold
Expand
Goldbugs are ALWAYS telling me about cash. How about property or the stock market? People don't keep their money in cash.Why don't you compare those?
With dividends or rent re-invested.

Gold's a dud....fact!

Let's compare gold vs DJIA shall we?

Upvote

0 Great analysis

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	Year	1971	Today	Comment
1	Ounce of Gold	$40.8	> $2,000	$ to Gold Ratio = 2 %
2	Fiat US$	$40.8	$40.8	98 % Depreciation 2 cents in $
3	Ounce of Gold /40	$1	$50	1971 $1 is worth $1 Today 1/40 oz of gold is worth $50 today

Goldbugs are ALWAYS telling me about cash. How about property or...

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