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$1,391.7 gold futures

now do the same exercise from 2018

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gapup

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26/09/20

06:36

Post #: 47644280
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Originally posted by Skol: ↑

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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now do the same exercise from 2018
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