Thread: Buying Gold
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Old 07-28-2005, 02:27 PM
sfer sfer is offline
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Join Date: Jan 2004
Location: New York
Posts: 806
Default Re: Buying Gold

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Why do you want to buy gold?


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No reason other than I just want to. Here is an interesting statistic that I found though that might change my mind:

Here's what a dollar invested in various things would have grown to, from 1802 to 2001 (Yes, just about 200 years!):

not adj. adj.
for inflation for infl.
Stocks $8.8 million $599,605.00
Bonds 13,975.00 952.00
Bills 4,455.00 304.00
Gold 14.38 0.98

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Given the accuracy of even GDP numbers from the 19th century...
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