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September 20, 2010

1

Spot Gold at $44 An Ounce

by oakley711
Arizona gold nugget

Arizona gold nugget

Gold was $44 in 1972. Now it’s roughly $1250. That’s better than a twenty-eight fold increase. In percentage terms, that’s almost 3000% whereas inflation was only 425% over this period! The price of gold increased 6 1/2 times faster than inflation! Sounds like a winner to me!!!

copper nuggets


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1 Comment Post a comment
  1. Great share! Keep gold prospecting!!

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