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why not 37 years...

Posted on: November 19, 2017 at 19:47:52 CT

Ferg MU

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M.O.B. Votes:

go back to 1980, the last time gold and the DOW were at parity. The Dow was at 850 and gold was at $850 an oz. If you invested $10,000 in gold in 1980 you would have about $15,000 today. If you invested $10,000 in equities in 1980 you would have about $260,000 today. But hey, it's your money, do what you want.

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MESSAGE THREAD

We're Living in the Age of Capital Consumption - ummmm MU - 11/19 13:22:50

"We are certain, that gold - Ferg STL - 11/19 15:59:45

Were you laughing at bitcoin 5 years ago? (nm) - ummmm MU - 11/19 19:37:40

Is bitcoin backed by gold? - Ferg STL - 11/19 19:49:04

No. I was partially changing the subject, and curious if you - ummmm MU - 11/19 20:25:55

I have no interest in bitcoin - Ferg STL - 11/19 20:59:46

Well, that is clearly irrelevant to my question. (nm) - ummmm MU - 11/20 09:02:37

Why not stretch that to 20 years? (nm) - ummmm MU - 11/19 19:37:12

why not 37 years... - Ferg STL - 11/19 19:47:52

Why not 2000 years? - ummmm MU - 11/19 20:27:44

thanks great read.... - 90Tiger MU - 11/19 15:45:22