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What The “Experts” Get Wrong About Gold and Silver
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In this video, I discuss what I believe the financial “experts” get wrong about holding gold and silver
Compounded Annual Growth Rate for Gold is discussed.
Here is the formula used in the video for showing gold returns for the last 60 years.
1900- 2023 Estimated Gold Price(probably should have used $2000)
35- 1960’s Gold Price
60 - Number of Years
(1900/35)^(1/60)=6.88%
Compounded Annual Growth Rate for Gold is discussed.
Here is the formula used in the video for showing gold returns for the last 60 years.
1900- 2023 Estimated Gold Price(probably should have used $2000)
35- 1960’s Gold Price
60 - Number of Years
(1900/35)^(1/60)=6.88%
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