TSX:LSG.DB - Post by User
Post by
goldhappyon Apr 24, 2013 4:58pm
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Post# 21296766
I'm betting on Gold
I'm betting on Gold Gold will go up and down over the centuries with a record of staying with inflation. That said gold is way behind inflation at this point in time. Cars , fuel, house , tax and almost wages have gone up 10 times (ballpark) since the 1970's. Take gold at say $36 in 1970,s times 10 times is $3600 in todays money. Here we sit at $1400 ??? I will wait this out!!!