CCU 0.00% 5.8¢ cobar consolidated resources limited

a closer look with rough model, page-22

  1. 1,298 Posts.
    Hi Jantimot,

    "long term bullion (silver and gold) has way outperformed term deposits for the last thirteen years"

    But only money with our 4 banks are guaranteed by the gov, anything else has a risk, nobody knew bullion would have a 13 year bull run & nobody knows when it will end either

    I agree with your post though, my point was if he did not want to take a risk with his money don't place it in a speculative market, he got lucky with bullion, he could have had the same outcome with bullion as mentioned with the gold stock he would have lost half his money on.

    Thanks
 
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