Imagine if you bought gold in 1980!

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  • Pretty_Lara
    Confirmed User
    • Oct 2002
    • 755
    #51
    Originally posted by kane
    Here is an interesting thing. around 1980 when gold was $600 per ounce if you invested $10,000 that $10K would be worth around $30K today so you would have a nice 20K profit.

    Had you invested that $10K in silver at that same time that $10K would now be worth $82K for a far $72K profit.

    Maybe silver is the real investment.
    My friend invest in gold 250k in 2002 the price was about $300-$350
    Now $1850 more in 6 times Who wanna be millionaire ? 250x6 = $1.5 million He sell little yesterday and people buying smal bars, because in the bank telling we cannot sell now ;)
    price up and who How we live in future ....
    COOL :D
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      • blackmonsters
        Making PHP work
        • Nov 2002
        • 20964
        #52
        Originally posted by WarChild


        Yeah you couldn't remember if you had 10K or 100K.

        More likely you're a liar that's not too good at math and you got caught.
        No, I remembered that I had 10k and not 100k.

        The $700 a month was actually $70 a month I took out and I remembered paying
        my rent without working and I thought it was from that, but I now remember that
        the rent money which was actually $850 a month and not $600 was coming for a TV commercial I worked in. My rent went down to $600 after the commercial money
        ran out and my landlord gave me a break because I had lived there a while and
        people were losing jobs and moving out.
        I had to think about it to remember the facts correctly.

        So fuck off.

        It was 30 years ago.

        I just typed what was in my mind at the moment as how I remembered it.
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          • woj
            <&(©¿©)&>
            • Jul 2002
            • 47882
            #53
            Originally posted by JamesGw
            Deceptive. That doesn't show percent increase. Of course the DOW is going to look like it's out performing gold because of the scale. That's not to say that it didn't, but the graph is deceptive. It should have the DOW price on one side and the price of gold on the other.

            I'd still take stocks over gold any day.
            How is that deceptive, it looks to me like comparison of $1000 invested in 1980 in gold vs $1000 invested in dow?
            Price of gold doubled in that timeframe, while dow went up 10x+...
            Last edited by woj; 08-19-2011, 05:37 PM.
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              • blackmonsters
                Making PHP work
                • Nov 2002
                • 20964
                #54
                Originally posted by blackmonsters
                No, I remembered that I had 10k and not 100k.

                The $700 a month was actually $70 a month I took out and I remembered paying
                my rent without working and I thought it was from that, but I now remember that
                the rent money which was actually $850 a month and not $600 was coming for a TV commercial I worked in. My rent went down to $600 after the commercial money
                ran out and my landlord gave me a break because I had lived there a while and
                people were losing jobs and moving out.
                I had to think about it to remember the facts correctly.

                So fuck off.

                It was 30 years ago.

                I just typed what was in my mind at the moment as how I remembered it.

                Ok, I was wrong again. I now remember that the commercial money had stopped
                a year or two before that.

                I was actually "working". I was in an off Broadway play that failed and then
                my rent went down to $600.

                That part, I didn't even want to ever remember.

                I then went on unemployment for the first time.

                Now that's correct.

                Thanks for reminding me.....not.

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                  • Dvae
                    Confirmed User
                    • Feb 2005
                    • 5326
                    #55
                    Apple vs Gold not even close
                    And this only shows back to 1999, I think the low was sometime in 1997 for Apple.

                    Lets see 500% vs 3700%...

                    Last edited by Dvae; 08-19-2011, 06:29 PM.
                    .
                    .

                    Arguing with a troll is a lot like wrestling in the mud with a pig, after a couple of hours you realize the pig likes it.

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                      • digitaldivas
                        ..I Heart Cannibal Corpse
                        • Sep 2007
                        • 4328
                        #56
                        I was like 8 years old in 1980
                        ...

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                          • campimp
                            Confirmed User
                            • Jan 2007
                            • 1340
                            #57
                            imagine if it were 2030 and you were reading a thread with the title imagine you bought gold in 2011

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