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<p>[QUOTE=&quot;doug444, post: 2662498, member: 38849&quot;]Plus, the 20-year calculation ignores inflation, and, compounding.</p><p><br /></p><p>Your $100 compounded @ 5% for 20 years is roughly $265.&nbsp; If someone cannot consistently net 5% per year flipping coins and making astute purchases, they should take up knitting.</p><p><br /></p><p>On the other hand, far into the future, we should expect annual inflation rates well in excess of 5%, which eats up the compounding gain and more too.&nbsp; Don&#039;t buy into the deflation argument, except in a few vulnerable types of merchandise.</p><p><br /></p><p>Remember, you buy gold as an alternative way of holding dollars, hopefully to preserve and/or amplify the purchasing power of your wealth.&nbsp; I don&#039;t believe in timing and trading.</p><p><br /></p><p>Overall, however, this is why the &quot;War on Cash&quot; is gaining traction, especially in the European Union, drastically cutting unreported income and giving the various government tight control over YOU and your &quot;unrecorded&quot; financial activity.[/QUOTE]</p><p><br /></p>

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