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Published on Aug 10, 2011
This video clarifies my last video since there seems to be some disagreement. Just to clarify, I bought silver at $1200 an ounce when gold was at $900 an ounce. I bought 100 ounce for $1200 and today it is worth $4000. If I had invested $1200 on gold back then I would have gotten about 1.5 ounces (it's actually less but I am being generous) and would be worth $2600. So in a nutshell if you invested $1200 back then you would have made $2800 and if you had invested $1200 on gold back then you would have made $1400. Hope that helps