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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.87+0.4%Nov 11 4:00 PM EST
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To: Haim R. Branisteanu who wrote (161631)8/24/2020 2:40:35 PM
From: TobagoJack1 Recommendation

Recommended By
CusterInvestor

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Re <<cow>>

Nice, that at gold content of ~USD 21M one should still be able to buy a fancy house in a lot of places, including Fustat or near Fustat propertyfinder.eg

Wonder what the return has been over the 1100 years? If one 424 cows back then, US$ 21M ... call it US$ 1K per cow, nets 21,000 cows. 50X over 1100 years. Nothing to write home about, but not zero.


https://www.jpost.com/israel-news/hundreds-of-1100-year-old-solid-gold-coins-found-in-central-israel-639730

Some 424 solid gold coins ... made of 846 grams of solid 24-karat gold ... a person could buy a fancy house in one of the best neighborhoods in Fustat, the rich capital of Egypt at the time."

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