my best gold stock SLR returned 1000% in 3 years

来源: hercules007 2012-03-19 20:06:34 [] [博客] [旧帖] [给我悄悄话] 本文已被阅读: 次 (499 bytes)

and in the same timeframe, the Australian dollar has gone up 67% against the US dollar as well. So in US dollar term, what return have I got from SLR?

Again, this is not a valid comparison.

Anybody can pick a wonder stock, a hugely successful business, etc. But you compare stocks to stocks, you compare like for like.

Gold is a form of money. Banks trade copper, oil, even silver, at their commodities desk, but banks trade gold at their CURRENCY DESK!

 

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