MoDon

Monday, September 8: Week in Review

Thanks vespuce, I was gifted(aka lucky) too back then, bought in the 250"s sold $800's , silver at $5 sold at $45, your point is well taken, but not as a "store of value" , a trading vehicle, I bought more in 2003, looks pretty good right now, so here I am trying to decide to sell or buy more. Do you think we have had that "big" correction?

Monday, September 8: Week in Review

I sold gold around $800 and silver around $45-50 in 1979/1980. Today we have gold around $800, silver around $12.50. Adjusted for inflation gold should be what, $2000-3000? Please tell me how these PM are a good store of value. Thanks MoDon

Dow-Gold Ratio: Very Different 'Bull' Markets

Was a gold "bug" in the late 70s/early 80s until I lost my a____
At the time I sold gold for around $800, Dow was around $800 at the time. Dow now what, 11,800 or a 1400% or so gain. Gold now, what $800 range. So question is if gold is such a "store of value" why isn't same or greater than current dow. Serious question, would appreciate a serious answer. Thanks MoDon from the "show-me-state"