is the gold bull over?, page-11

sp. the figure you quoted on the increase in gold prive form 450k to $75K
im trying o see how you arrive at that. if the house prices, were 50k in 1979 and gold was about 230 bucks an ounce. now its at 1300 puts it at a 420% gain
so the return would be 210k, not 75k
if you sold at the 2011 top, then its 717% increase.
if you don't like 1979 then lets get to 1983 it dipped to $380, then to the top in 2011 its still 405% increase.
not picking holes in your theory, just not understanding the time frame you used to come up with the very weak numbers you have quoted.
also, house prices have ongoing costs to buy and sit and hold, rates, mortgage repayments, etc etc, its all conjecture of course as few buy in at the bottom and get out at the top, its just important if we compare things we use the same criteria and take into accounts all cost ongoing