Park Life 71 Posted July 17, 2010 Share Posted July 17, 2010 Ten years ago it was around $250 an ounce. Fight or flight? Link to comment Share on other sites More sharing options...
Brock Manson 0 Posted July 17, 2010 Share Posted July 17, 2010 Nice one, Gordon. Link to comment Share on other sites More sharing options...
Rob W 0 Posted July 18, 2010 Share Posted July 18, 2010 "After the gold rush Gold is not as expensive as it seems Jul 6th 2010 | From The Economist online FOR the past nine months, gold has been trading consistently over $1,000 an ounce. It reached a high of $1,259 on June 18th, up 35% from a year earlier. After adjusting for inflation, today’s heady prices are some way off the 1980s mania. The 2010 yearly average of $1,154 is still 29% below the inflation-adjusted price in 1980 of $1,623. Perhaps now is the time to sell. After the January 1980 peak, the price fell by 55% over the following two years. " The rest of the article reckons that gold bugs are in for a bath Link to comment Share on other sites More sharing options...
Happy Face 29 Posted July 18, 2010 Share Posted July 18, 2010 Glenn Beck's work is done. Link to comment Share on other sites More sharing options...
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