Comments on: Gold Price Shows There’s a ‘Big Short’ Going on https://bmg-group.com/gold-price-shows-big-short-going-on/?utm_source=rss&utm_medium=rss&utm_campaign=gold-price-shows-big-short-going-on Sat, 22 Aug 2020 21:27:37 +0000 hourly 1 By: Don https://bmg-group.com/gold-price-shows-big-short-going-on/#comment-90758 Sat, 22 Aug 2020 21:27:37 +0000 http://bmg-group.com/?p=8560#comment-90758 Have a look at the increase, not adjusted for inflation, in the price of gold from 1970 to today (that’s 50 years). It has risen close to 50X.

How about the Dow from 1970 to today?: it has risen 35X (without reinvesting dividends, just nominally, and being invested the entire time)

How about price of average house in Toronto (which according to UBS is in a major bubble, worse than Paris)?: same as the Dow at 35X (excluding interest costs, repairs, property taxes, HVAC, insurance…have I missed anything???)

I rest my case for gold.

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