GOLD 0.51% $1,391.7 gold futures

what if we are bankstered forever, page-37

  1. 33,126 Posts.
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    Ophir,

    Tell you what might be a bit of fun, since you don't like short term swings and roundabouts, lets match the HUI with gold over 5 years.

    Gold is up 140% over 5 years.

    HUI is up 40% over 5 years.

    Strictly speaking the HUI should be a better return because of the risk and leverage involved but we won't worry about that.

    So $1650 X 40/140 = $471 per oz of gold.

    Keep your fingers crossed the HUI isn't pricing in what gold's worth.
 
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