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Buying Gold was this a good investment 45 years ago
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Dan Loehr
Posted 4/25/2026 21:09 (#11628674)
Subject: Buying Gold was this a good investment 45 years ago


Holland, Indiana (SW IN)
Seems like the off the cuff answer is brilliant move great investment
Bought a couple Kugarrands in 1982 for $300 now worth $4700
Asked AI a compounded return of 6.5%

I’m guessing Silver bought for $7 an ounce wasn’t better

I just listened to the precious metals attachment in the PM post below and was thinking possibly a good time to invest in a Silver or gold ETF

Don’t think I’ll do that
Power of time and compounding is amazing worst part is the time and getting older

Dan
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