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<p>[QUOTE=&quot;GoldFinger1969, post: 4706059, member: 73489&quot;]In the past, when gold surged, the <b><span style="color: #ff0000">oppportunity cost</span></b> of holding gold was very high.&nbsp; We&#039;re in a new era where these costs are practically non-existent and you may see institutional and individual allocations to gold change from what they would in the past.</p><p><br /></p><p><u>In 1979-80, you could get 12% in a money market fund and 12-15% on long-term Treasuries.&nbsp; For most of the 1980&#039;s and 1990&#039;s, you could get 5% in a MMF and 8% on Treasuries.</u></p><p><br /></p><p>In 2011, money funds yielded only 1% or less but you could get 3-4% in bonds and Treasuries.</p><p><br /></p><p><b><i>Today, you get 0.1% in a money fund and less than 1% for a 10-year Treasury ! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie103" alt=":yack:" unselectable="on" unselectable="on" /> </i></b></p><p><br /></p><p>This means that holding gold costs alot less ![/QUOTE]</p><p><br /></p>

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