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$3,000 Gold Price Forecast from Merrill Lynch/BOA
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<p>[QUOTE="GoldFinger1969, post: 4444141, member: 73489"]<font face="Georgia"><font size="5"><span style="color: #00b300"><b>I did an analysis of this for BARRON'S years ago:</b></span></font></font></p><ul> <li><font face="Georgia">Yes, the overall price index took until 1954 to get even.</font></li> <li><font face="Georgia">But...if you re-invested dividends, you were even by 1942.</font></li> <li><font face="Georgia">And...if you bought more each year equal to your purchase at the 1929 DJIA high (IOTW, at the worst time of the year) and re-invested your dividends, you were even by 1936. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></font></li> </ul><p>[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 4444141, member: 73489"][FONT=Georgia][SIZE=5][COLOR=#00b300][B]I did an analysis of this for BARRON'S years ago:[/B][/COLOR][/SIZE][/FONT] [LIST] [*][FONT=Georgia]Yes, the overall price index took until 1954 to get even.[/FONT] [*][FONT=Georgia]But...if you re-invested dividends, you were even by 1942.[/FONT] [*][FONT=Georgia]And...if you bought more each year equal to your purchase at the 1929 DJIA high (IOTW, at the worst time of the year) and re-invested your dividends, you were even by 1936. :D[/FONT] [/LIST][/QUOTE]
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