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Thread: When Restaurants Open for Business
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Old 05-02-2020, 10:49 AM
mneumann02 mneumann02 is offline
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Default No Gold for Me Thankyou
Quote:
Originally Posted by prntxpresn View Post
No. You don't know what cooks have mask or not. In the late 80s, I realized there would come a day when the dollar is worthless. Food lines like depression days & only gold will buy what you need. Buy gold & store it. "THEY" are in the process of creating one world order & currency. The price of everything will need to skyrocket to make up for huge BIZ losses. China will be the world leader.
Sorry, no gold for me. In 1986 the price of gold was $326 and is currently $1,700, a 5.2 times increase. The DJIA on June 1, 1986 was 1,892. On June 1, 2020 it was 23,700, a 12.5 increase. So, if I had invested $100,000 in gold in 1986 it would be worth $520,000 today. If I had invested $100,000 in the stock market on June 1, 1986 it would be worth $1,250,000 today, an increase of $730,000 over gold. I'm sure there are good people on this forum who believe Armageddon is just around the corner, and have believed that much of their lives. As for me, I do not and am glad I never invested in gold back in the 1980's.