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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: bentway who wrote (15860)1/11/2004 8:56:47 PM
From: Elroy JetsonRead Replies (1) of 306849
 
I am reluctant to invest in gold because the psychology of the market is too extreme and politicized.

These are the best inflation-adjusted Gold charts I can find, quickly and for free, on Google. Adjusted for inflation, the price of gold should be a flat line over the centuries. It is, except for the crazy bubble centered around 1980.

"1920 to Current" and "1968 to Current"
216.239.53.104

the same charts for Silver
216.239.53.104

Gold is extremely useful for comparing incomes and cost of living over long periods of time, say comparing the year 1200 or 1650 to 2000.

Placing my savings in Autralian banks (in Australian dollars) was a bet that the Australian Reserve bank would act more responsibly than our Fed. It's sad that this has proven to be such a winning strategy.
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