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<p>[QUOTE="medoraman, post: 1159456, member: 26302"]Just did a quick calc, and todays price is imputing a 4.8% return compounded from 1920.</p><p>I do not see gold at $1500 way out of line. Its also almost the same going with 1933 at $35 an ounce as well. Gold is a store of value, it goes in an out of favor, but these prices seems somewhat normal. I am not saying I am a buyer at these prices, I like a discount on my purchases. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1159456, member: 26302"]Just did a quick calc, and todays price is imputing a 4.8% return compounded from 1920. I do not see gold at $1500 way out of line. Its also almost the same going with 1933 at $35 an ounce as well. Gold is a store of value, it goes in an out of favor, but these prices seems somewhat normal. I am not saying I am a buyer at these prices, I like a discount on my purchases. :)[/QUOTE]
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