LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

RE: RE: I'm betting on Gold

[TriN2Learn]

<10 x $36 is $360.00, not 3600.00.  Just saying.   >

 

That's true, goldhappy got a little too happy with his numbers.  However, in the US, that $35 was the fixed price, US citizens weren't allowed to own gold until 1975.  The average price of gold in 1975 was $1,600 so that  X 10 factor isn't far off.  The price difference between any two dates isn't important, unless it's your buy/sell dates, but it is the trend that we're talking about here.  JMO, TriN