Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: RipSawyer
And you still haven't, or are you just incapable of understanding what I said?

I don't understand what your point is. Yes, in 1966 one ounce of gold was a better purchase (oh, right, you couldn't) than holding $35 with no interest until now.

In 1980, one ounce of gold was a worse purchase than holding $800 with no interest until now.

Buying the S&P 500 index would have beat gold and cash over both those time frames. So, what was your stupid point again? That gold is more stable? I'm still laughing at that one.

153 posted on 07/09/2006 4:00:19 PM PDT by Toddsterpatriot (Why are protectionists so bad at math?)
[ Post Reply | Private Reply | To 152 | View Replies ]


To: Toddsterpatriot

OK, I misjudged you, you obviously ARE in fact incapable of understanding me. Goodby.


154 posted on 07/09/2006 6:02:51 PM PDT by RipSawyer (Does anybody still believe this is a free country?)
[ Post Reply | Private Reply | To 153 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson