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<p>[QUOTE=&quot;Blaubart, post: 2078076, member: 37498&quot;]If you bought one ounce of gold in every year from 1989 through 2014, you&#039;d have 26 ounces of gold and, adjusted for inflation, it would have cost $19,872.&nbsp;&nbsp; (Without adjusting for inflation, it would have been $16,126.)&nbsp; Average inflation adjusted cost per ounce would be $794.&nbsp; Doesn&#039;t sound too bad at all considering it&#039;s worth $1,264/Oz today, or a total of $32,864.</p><p><br /></p><p>I don&#039;t think that&#039;s too bad since bullion offers a sort of insurance that has relatively low fees, or can earn money in the long term.</p><p><br /></p><p>However, this shouldn&#039;t be considered as advice to dump all ones investment monies into precious metals.&nbsp; Many mutual funds averaged between 10 and 15 percent returns during that same time period.&nbsp; The value of that $19,872 invested in a good mutual fund would be $53,536-$115,586 today.&nbsp; Of course hindsight is 20/20 and nobody knew in 1989 that the economy would still be standing and that we wouldn&#039;t be speaking Russian by now.[/QUOTE]</p><p><br /></p>

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