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Just looked it up, if that one guy needs money today his 2008 €20k gold would buy him >€40k today. Not so bad.
by ifdefdebug 3y ago
Just looked it up, if that one guy needs money today his 2008 €20k gold would buy him >€40k today. Not so bad.
- AdamN 3y agoDoubling your money over 15 years is a pretty low ROI. Even conservative investments are expected to double every decade.
- rchaud 3y agoThat would be under 1 kg of gold. For that small an amount, there will only be a small handful of private buyers, and their offers won't be anywhere near the amounts shown on commodities exchange tickers.