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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.47-0.2%Dec 5 4:00 PM EST

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To: Maurice Winn who wrote (139181)2/9/2018 8:07:11 PM
From: Elroy Jetson  Read Replies (1) of 218194
 
I've bookmarked your post for reference in future years. I bought some shares in Chevron today on the hunch we'll still want oil and gas.

You do have the enviable record of forecasting the price of gold, probably because you have little interest in it as an investment or a future parable.

In Londinium in 100 AD a fine suit of clothing cost almost an ounce of gold, and in London today it still does. — 0% price appreciation is apparently the bomb for 1,918 years of investment.

Incidentally, In 100 AD Martinus Armafortis sold ten acres of farmland in Lodinium for 18 ounces of gold, retaining a 1/4 acre for his home. He promptly buried the gold under his hearth.

The Armafortis home was exactly two stadium west on the road from Londinium to Caleva. If someone can find the current location of his home they could dig down to retrieve the 18 ounces of gold and hopefully buy ten acres of London.

I think it's roughly a two hour walk from this main intersection in Londinium. They used to sell good quality garum at a fair price in the alcove.

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