Re: Whenever I worry about my gold investments, I go here for a flawless indicator
From June 2006 to June 2008, an average of the rare coin index provided a whopping 6% return. A hefty 3% a year to safeguard against the ravages of 12%-15% inflation. Same period in gold and silver? A 40% return.
From the start of 2005 to date, the rare coin index returned approx. 12%. Same period for plain gold and silver bullion - 100% - 120% return. So much for leverage.
PCGS COIN APPRECIATION CHART.gif
PCGS - FANCY RETURN ON INVESTMENT - NOT.gif
From June 2006 to June 2008, an average of the rare coin index provided a whopping 6% return. A hefty 3% a year to safeguard against the ravages of 12%-15% inflation. Same period in gold and silver? A 40% return.
From the start of 2005 to date, the rare coin index returned approx. 12%. Same period for plain gold and silver bullion - 100% - 120% return. So much for leverage.
PCGS COIN APPRECIATION CHART.gif
PCGS - FANCY RETURN ON INVESTMENT - NOT.gif
Comment