Loading ...Take a look. Net net Gold was $1,060, the bargain of a life time, considering $600,000 average for old houses with $18,000 annual taxes plus insurance and maintenance.
Gold today at $1,332 is 25% higher in 2.5 years. Naturally a nice straight assent line would be nice for us, but bad for THEM so they keep throwing the market a curve ball. A straight line would give confidence and Gold would be $3,000 or more today without the constant bashing.
The 12 years of 17% APY time was bad for because a lot of outsiders came into our sand box who didn’t normally be there, and drove gold too high too fast ahead of its time so it went into correction. I think the excess has been digested and Gold’s back on track since late 2015. Happy mining.
Even the period 2001 to 2013 Gold was doing 17% APY but on a zig zag course. Like a battle ship zig zagging to fool the enemy submarine.
https://www.mrci.com/pdf/gc.pdf