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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.98+1.3%Nov 28 4:00 PM EST

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To: Amelia Carhartt who wrote (70296)1/12/2011 5:55:16 AM
From: TobagoJack1 Recommendation  Read Replies (4) of 218074
 
ritholtz.com

if i read the log chart correctly, i.e. about 10x (100 to 1000) over 140 years elapsed time, meaning 2% per annum, if and only if one happened to have risk-on/risk-off well enough and managed to stay out of jail for evading tax.

iow, a perfect fraud.

gold did 3% per annum in real terms over same 140 years?! is my calculation correct and understanding correct? (usd 20 to us$ 1,375 over 140 years elapsed time.

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