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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 382.95-0.8%Nov 13 4:00 PM EST
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To: Haim R. Branisteanu who wrote (93685)8/19/2012 3:38:03 PM
From: carranza2  Read Replies (2) of 217750
 
<<<<<<<For several years now, I am trying to ascertain what would be a true store of value that outperforms other means of investments and returns a compound performance above inflation, without the need to engage in selling or buying over that period of 30 to 40 years or the danger of confiscation or excessive taxation, which is very real for gold as an example, as it was done in the past. >>>>>>

I think XOM shares, which are trading at USD 88, fit the bill. If you had bought them in 1970, your cost basis would be USD 1.95. Dividend growth has averaged 6%. If you had reinvested the dividends, the return would have been phenomenal. I have not calculated it but, trust me, phenomenal.

XOM has wisely invested in enormous natgas reserves. I believe the chances of continuing its excellent long term performance are fairly good.
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