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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 393.24+1.1%Dec 11 4:00 PM EST

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Snowshoe
To: Maurice Winn who wrote (140924)4/23/2018 11:51:56 PM
From: Elroy Jetson1 Recommendation  Read Replies (1) of 218449
 
The 2.5% effective annual interest gold has provide for 40 years is solid, but it's not provided any increase in value over that time.

Supposedly the amount of gold it would have cost you for a meal and a suit of clothes in 100 BC Londinium is the same amount of gold those items would cost today you in London today only 2,000 years later.

But the cost of a plot of land in Londinium has increased dizzyingly-fold over that period of time. Some realized they'd never be able to afford a home in Londinium so migrated to far-flung antipode locations where many birds could only waddle.
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