Gold is a Fools Game
In 1793...the average price of an ounce of Gold was $19.39.
Today, the average price of an ounce of gold is approaching $900.
If you put one ounce of gold in a safety deposit box, that $19.39 of value could be exchanged for almost $900 US dollars today.....assuming the bank provided the services of a safety deposit box for free,
If you put that same $19.39 dollars in a 7% 240 year CD, that CD would be worth well over $100 million dollars today.
I know we are only talking about a period of time spanning a little over 200 years....but based on the time frames most CAPs members use.....that should give us a sufficient margin of error to provide a satisfactory statistical sample.
Cash is King my friends.....and there ain't no not nothing like the good ole US dollar.