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Gold value

By: micro in 6TH POPE | Recommend this post (0)
Sun, 28 Aug 22 2:35 PM | 20 view(s)
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Just as a small token of input, I decided to use De's reminders on his posts about the gold valuations and nmumber of years from the starting point..

If one divides the total increase in price by the 7.5 years, the answer is 3.53 percent per annum increase.

Now then, there are some good reason to have physical gold in your possession.

From an investiing standpoint however, 3.5% is not much of a gain on an annual basis..

So the only other reason to buy it is for whathappens when paper money becomes only good to start a fire in the fireplace...

Its a tough decision but remember just as precious metals can go up at various times, they also can come back down..

Just some food for thought.. Thumbs Up


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