#Gold prices are at a 8-month high, inching to $1,900/oz. The asset class has delivered returns of 20% in the last 7 global recessions too.
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In 1980, approximate numbers
1. #Gold~ $210/10g
2. Gold~ βΉ1700/10g
3. Dow~ 850
4. #Nasdaq~ 145
5. #BSE Sensex~ 150
6. USD-INR~ 8
Mar 2022 -
1. Gold~ $1993/10g
2. Gold~ βΉ60K/10g
3. Dow~ 32000
4. Nasdaq~ 11700
5. BSE Sensex~ 58000
6. USD-INR~ 82
Think different, think future.
In 42 years, approx. returns have been
1. Gold in USD is 8.5x
2. Gold in βΉ is 34x
3. Dow is 37x
4. Nasdaq is 79x
5. BSE Sensex is 386x
6. USD-INR is 9x
Point is I am a growth investor. Over the longer term, it is only businesses & stock market that generate greater returns.
1. #Gold~ $210/10g
2. Gold~ βΉ1700/10g
3. Dow~ 850
4. #Nasdaq~ 145
5. #BSE Sensex~ 150
6. USD-INR~ 8
Mar 2022 -
1. Gold~ $1993/10g
2. Gold~ βΉ60K/10g
3. Dow~ 32000
4. Nasdaq~ 11700
5. BSE Sensex~ 58000
6. USD-INR~ 82
Think different, think future.
In 42 years, approx. returns have been
1. Gold in USD is 8.5x
2. Gold in βΉ is 34x
3. Dow is 37x
4. Nasdaq is 79x
5. BSE Sensex is 386x
6. USD-INR is 9x
Point is I am a growth investor. Over the longer term, it is only businesses & stock market that generate greater returns.
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