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<p>[QUOTE="MDO, post: 8225752, member: 88280"]I bought an oz of gold on May 29, 2020 and paid $1830 about $100 over spot. I closed on my house the same week at a cost of $388,500.... Today gold is at $1901 and my house is worth $576,900 (based on recent sales) with a $30K increase in the past 30 days (doesn't matter anyway because I'm not selling) .... plus my realtor thinks it will bring an additional $25K in a bidding war..... Gold may drop in the future as it does fluctuate but real estate in the right zip code only goes up and is a safer bet....but I still buy at least two ounces of gold each year....[/QUOTE]</p><p><br /></p>
[QUOTE="MDO, post: 8225752, member: 88280"]I bought an oz of gold on May 29, 2020 and paid $1830 about $100 over spot. I closed on my house the same week at a cost of $388,500.... Today gold is at $1901 and my house is worth $576,900 (based on recent sales) with a $30K increase in the past 30 days (doesn't matter anyway because I'm not selling) .... plus my realtor thinks it will bring an additional $25K in a bidding war..... Gold may drop in the future as it does fluctuate but real estate in the right zip code only goes up and is a safer bet....but I still buy at least two ounces of gold each year....[/QUOTE]
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