Message:

<p>[QUOTE=&quot;GoldFinger1969, post: 2087619, member: 73489&quot;]Results are TOTALLY non-comparable.&nbsp; Like comparing baseball stats today vs. 1880&#039;s.</p><p><br /></p><p>Or stock returns pre-Civil War.</p><p><br /></p><p>The 1970&#039;s saw the end of fixed exchange rates, double-digit inflation, and a 20-fold rise in the price of gold PLUS a mini-bubble in coins.&nbsp; I&#039;m not sure what the index is comprised of but it may not have been investable and it CERTAINLY was not liquid.</p><p><br /></p><p><br /></p><p>Disco, Jimmy Carter, and gas lines. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p>For any comparison, ROLLING PERIODS eliminates the bias of where you start measuring and sometimes where you end.</p><p><br /></p><p>For coins -- or any other illiquid asset -- it biases the results greatly.</p><p><br /></p><p><br /></p><p>Coins will follow the underlying metal prices and supply-and-demand.&nbsp; Inflation will certainly help but you could be waiting decades for a resumption of even moderate 1980&#039;s inflation.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in