Back on planet Earth --
I'VE GOT MY FORTY SHARES!!!
HURRAY !!!!!!! ` click here! http://interestingsoftware.com/temp/retirement.jpg
Here's the run:
at current gold prices, that's about $45,000 (I paid less, because I bought the gold when it as cheap, but put that aside)
tuesday week I get 0.60 times 40 = 24 grams ... say $280
in 18 months, egold (== tgc) will be twice as big, that's 50 grams. lets say in 4-5 years it has doubled twice, that is 100 grams.
So in four years I'll be getting 100 grams on the first of each month
* BUT * on top of that I believe in a world scene where gold prices are rising How much 100 grams worth in 4 years? (Someone tell me! Jim Davidson? :) ) Maybe $2000, maybe more.
so in 4 years I'll be making 20-30 grand a year, from a 45 grand invest
capital value? what would you pay in four yrs for a share that produces 25-30 grams a year dividend and has grown in every quarter - PLUS consider in 4-5 years the general excitement that will be surrounding DGCs as they grow and become more mainstream
plus there's no possible or imaginable business that is more conservative and stable (except maybe selling coke in vending machines)
viva gold !
PS notice on the above my purchase took so long to proecss it split over two different seconds :)
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