[Toddsterpatriot]

Now Mr Kaker you say if you had held that ounce of gold since 1900 you would have lost a lot of money. I don't know how I've made it all these years but I know you are wrong on that account.

Turning $20 in gold in 1900 into $517 in gold in 2005 only requires a 3.14% annual rate of return. I know of a few investments that have done better since 1900.

[coloradan]

That's easy to say in hindsight. Tell us, what will do better than gold over the next 100 years?

[Labyrinthos]

Turning $20 in gold in 1900 into $517 in gold in 2005 only requires a 3.14% annual rate of return. I know of a few investments that have done better since 1900.

Meanwhile, the S & P 500 and the DJIA has returned an average of something like 10.3% since the inception of those indexes back in the 1920's. Yep, gold is a really great investment and hedge against inflation.