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Andy Lustig

Doggedly collecting coins of the Central American Republic.

Visit the Society of US Pattern Collectors at USPatterns.com.

Comments

  • wildjagwildjag Posts: 1,335 ✭✭✭
    2 years ago, 1000 ounces of gold was worth about the same as 600 today wouldn't it?
  • MrEurekaMrEureka Posts: 24,419 ✭✭✭✭✭
    .
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • ormandhormandh Posts: 3,111 ✭✭✭
    I project that it will even out. Real estate will eventually come back, but at a much slower rate than it did in the 90's and early 21st century. I think that gold will cool off, but will definitely remain in the $900-$1100 range. If gold can break $1,000 and stay ther for a while, it will sorta create a precident and remain at that price as long as the economy doesn't tank or make a comeback too quickly. Real estate is always going to be a strong market barometer, because everyone wants to own some(like gold of course). In 100 years, it depends on what value gold has and what the intrinsic value it will have on society. Real estate on the other hand will always be important, especially as the populations grow on this planet. Real estate, real estate, real estate!!
  • ajaanajaan Posts: 17,613 ✭✭✭✭✭
    The average house in my neighborhood, a 1500 sq. ft. home, will cost about 175 oz oz of gold today. I think it'll be about the same in a year's time. In tow year's? Don't know.

    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
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