Yeah, too bad that whole down 20% since May short-term down trend is kickin' your ass.
If that long-term 12.5% uptrend continues (snicker) you're still talking about 9 years to get from $578 to $1650. I thought you said that'd be happening in the next 4 years? And paying the fees commissions and interest that you're paying, for a measly 12.5% annual rise is kinda futile, isn't it?
How does my long term uptrend compare to yours? Don't forget my dividend :^)
Why do goldbugs suck so bad at mathematics?
Because only a mathematical idiot would become a goldbug.
I think that's how they recruit. :OD
GGG
Aren't you paying 10% on your margin? You're not going to get far with a 12.5% return. After taxes, holding charges, spread, and commissions you'll see what... 1%? That's quite a get rich slow scheme you've got going! LOL!