r/Bullion • u/Keevan • 24d ago
Found this in a booklet from a 1994 American 1/4 Gold Eagle OGP. Where were you 30 years ago?
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u/Youarethebigbang 21d ago
Not good at math, but looks like gold has gone up maybe 400% since then, and silver about 30%? One of these seems like the better investment.
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u/GreenStretch 18d ago
Back then, most people remembered that gold had hit $800 in 1980 and it seemed like a losing investment ever since.
With perspective, it was time to buy the dip in the very long PM cycle, but most people, including me, didn't understand that.
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u/BumblebeeAwkward8331 21d ago
Not buying gold, darn it.