[N3WBI3]

Lets not overstate gold,

Today it trades for 588$

Five years ago it was trading for 280$ which is 308$ in 2005 dollars. So in the past five years it has yielded you 52%, great but long term?

Ten Years ago it was 380$ or 473$ in 2005 dollars or a yield or 20%, again this is pretty good lets go further back.

Thirty Years ago is was about 150$, today that is 544 dollars so now you have made 8% over thirty years.

During this period there were many peaks and valleys. There is no doubt gold is a good investment but the rule of thumb is that the amount of gold which will buy you a suit today will buy you only a slightly nicer suit over the long term.

[Petronski]

But if you use interest-free credit card offers to fund margin gold trading, and always buy at the bottom and always sell at the top, you can't help but make a killing!

It's twue!

[palmer]

Thirty Years ago is was about 150$, today that is 544 dollars so now you have made 8% over thirty years.

I don't expect to make anything on gold and silver. It is strictly cash in the mattress except it doesn't burn and they can't print up more of it.

[GodGunsGuts]

My contention that gold entered a secular bull market in 2001. This bull run will continue for years to come. Gold will continue to rise until we solve our triple deficits and thus save the USD. Until that day, I plan on trading gold. The top in gold should roughly coincide with a bottom in the stock market. I plan on popping out of gold somewhere near the top and then investing my profits in the stock market. And from there, assuming past cycles hold true, into real estate.

[backslacker]

Five years ago [gold] was trading for 280$ which is 308$ in 2005 dollars. So in the past five years it has yielded you 52%, great but long term? Ten Years ago it was 380$ or 473$ in 2005 dollars or a yield or 20%, again this is pretty good lets go further back. Thirty Years ago is was about 150$, today that is 544 dollars so now you have made 8% over thirty years.

Compound growth rates (using your numbers):
5 year growth rate --->16 percent. ($280 to $588)
10 year growth rate -->4.47 percent. ($380 to $588)
Thirty year growth rate -->4.66 percent. ($150 to $588)

No need to convert to 2005 dollars. The price of gold will already reflect that. Just use raw numbers ( like stocks).