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<p>[QUOTE="Clawcoins, post: 8429647, member: 77814"]A couple months ago I was chatting with someone.</p><p>I did a spreadsheet for if I bought $20k in Gold vs just keeping $20k cash for the past 10 years.</p><p><br /></p><p>For the $20k cash it included a $1k small C rated safe, so $19k in cash.</p><p>For the Gold it included approx premium for buying and selling plus annual SDB storage costs.</p><p><br /></p><p>10 years ago, March 2012 gold was at a high of $1780 (or 11.24 oz). Oops .. arbitrary month/year.</p><p><br /></p><p>But anyways after 10 years the cash was worth more after the bullion acquisition/liquidation costs by $800 and that was before selling the safe for an add'l $500.</p><p><br /></p><p>Of course, it totally depends upon your buy/sell dates but for that example it was opposite what I was thinking. lol</p><p><br /></p><p>polish up that crystal ball</p><p><br /></p><p><br /></p><p>of course I recall buying some gold in 1980 for about $800/oz</p><p>and again in 1985ish for about $350/oz if my memory serves me right.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 8429647, member: 77814"]A couple months ago I was chatting with someone. I did a spreadsheet for if I bought $20k in Gold vs just keeping $20k cash for the past 10 years. For the $20k cash it included a $1k small C rated safe, so $19k in cash. For the Gold it included approx premium for buying and selling plus annual SDB storage costs. 10 years ago, March 2012 gold was at a high of $1780 (or 11.24 oz). Oops .. arbitrary month/year. But anyways after 10 years the cash was worth more after the bullion acquisition/liquidation costs by $800 and that was before selling the safe for an add'l $500. Of course, it totally depends upon your buy/sell dates but for that example it was opposite what I was thinking. lol polish up that crystal ball of course I recall buying some gold in 1980 for about $800/oz and again in 1985ish for about $350/oz if my memory serves me right.[/QUOTE]
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