Goldenbolox started this topic @ 08:13 on 23/05/2006
If you had bought a house in 1980 for $100,000 it would now be worth $348,000 (a 248% appreciation in asset).
If you bought one ounce of gold in 1980 it would have cost you around $612 it now be worth $658 (a 6.5% appreciation in asset)
If gold had appreciated in value as residential properties have done it would today fetch $2131 per ounce. In my opinion gold will reach this price level within the next five years.
If you read the geological report on the Deer Trail Mine (Unico) 2002 you will see huge potential revenues.
Why not paper trade this stock for a few weeks and see what happens.