Thread
:
Time to buy that boat?
View Single Post
#
4
posted to rec.boats.cruising
[email protected]
external usenet poster
First recorded activity by BoatBanter: Jan 2008
Posts: 58
Time to buy that boat?
Larry wrote:
"Capt. JG" wrote in news
6idnVL-
reasolutions:
It's not that much different than in 1980.
http://goldprice.org/30-year-gold-price-history.html
--
"j" ganz @@
www.sailnow.com
Huh? Gold was $680 in 1980 and we WEREN'T in a DEPRESSION. It hasn't been
$680/oz since Aug 2007, even at the crash.
But, I keep reading the alarming concerns of "hyperinflation depression" in
the financial news, even overseas. A $20 loaf of bread during a depression
with millions out of work....that IS a disaster!
I'm invested with Rhodium, here. It's up from my $740/oz starting price to
$1050 this week. It's history is stunning topping out at $10,100/oz just
before the crash.....(c;]
Uhmmm....Jan 21, 1980: $850.00/oz, Nov 13, 2008: $713.50/oz. Yes, both
were spikes, but that's the problem with generalizations. I remember
the 1st spike clearly - my birthday, and had just paid off wedding bands
purchased when gold was $500/oz cheaper!
http://www.usagold.com/reference/prices/history.html
Keith
Reply With Quote
[email protected]
View Public Profile
Find all posts by
[email protected]