Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

gold, page-1414

First 1414 Last

Share
Profile

Follow
slange

10,238 Posts.

3853

03/05/16

19:50

Post #: 17667461
Share

Originally posted by AverageJoe ↑

Since you invested in gold 20 years ago (1996) I thought I just bring out a few examples that is on top of my head and market leaders globally, BHP & RIO

Accordingly spot gold according to Trading view,

1996 low circa $365 and high in 20 years $1918 non compounded = 525% total return /20 average 26% return pa

BHP 10.43 low and high $97.87 on the US quoted ADR non compounded = 938% total return / 20 average 47% pa

RIO $13.88 low and high $139.60 US quoted ADR non compounded = 1000% total return / 20 average 50% pa

Gold has holding cost and insurance expensed yearly. BHP/RIO has dividends paid for loyalty. No brainer which one gives a better return. However to be fair BHP/RIO had a big volatile GFC sell off so I am just cherry picking for reference on total return on a 20year buy and hold.

I don't care for 'intrinsic' valuation because emotion sucks oneself into a hold longer that one should be, euphemistically referred to as "Falling in love".

Expand

One big difference Joe.
Negative rates.
20 years ago has no relevance to today.
Gold, (depending how you hold it) is safe in an increasingly unstable world.
9 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 125,140 more messages in this thread...

First 1414 Last

Add GOLD (COMEX) to my watchlist