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To: zeestephen

I never thought gold would be $2000 an ounce. I should never say never. At least I bought it at $425 an ounce. But according to the Book of Revelation even gold will be worthless. In the meantime ....


2 posted on 07/27/2020 3:31:58 AM PDT by HighSierra5
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To: HighSierra5
The two charts are for the "GLD" Exchange Traded Fund.

Please note the prices are set at just 10% of the actual gold commodity. The ETF does that to keep per share costs at a reasonable level. The percent gain/loss is exactly the same for the ETF and the commodity.


3 posted on 07/27/2020 3:44:11 AM PDT by zeestephen
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To: HighSierra5

I like that!

You are actually doing what every human being must decide to do or not to do. The end is coming for all of us. That’s certain. Maybe at different times and maybe the same. We do that balancing act of having enough for the future and building for the future even though we don’t know if there is one.

Great move buying and holding at that price. I’m too impatient. One of my many flaws.


21 posted on 07/27/2020 4:37:08 AM PDT by dp0622 (Patriots: Better stand tall when they're calling you out. Don't bend, don't break, don't back down.)
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To: HighSierra5

Well, when putting money in the bank costs you instead of bringing interest, it kind of puts a pun on Jesus’parable

At this point even ETF become a real currency that brings in interest when put away


35 posted on 07/27/2020 6:26:27 AM PDT by JudgemAll (Democrats Fed. job-security in hatse:hypocrites must be gay like us or be tested/crucified)
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