Gold since 1970 = x 30 Has any asset class beaten that?
Oil since 1970 = $2 to $80 = x 40
was $2 to $150 in 2008 = x 70
I haven't checked the price of iron.
Or limestone.
Section to build a house 1970 = $6000
Now $300,000 = x 50
Financial relativity theory in action.
House 1970 $20,000
2009 $600,000 = x 30
Gold seems similar to dirt and wood, possibly iron and limestone too but I'd have to check the price of those.
Recommendation: Hold gold, ogle oil, dig dirt, whittle wood, invest in iron, liquefy limestone, single out silicon, go for gallium, fiddle with fibre, cash into Qualcomm, zoom for Zenbu, change to Qi.
Mqurice |
