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Bullion Prices Histories Vs National Inflation Calculators

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Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 08/17/2020  7:36 pm Show Profile   Bookmark this topic Add sel_69l to your friends list Get a Link to this Message Number of Subscribers
When comparing your bullion investments over a period of years, it is essential to know when to sell,
when comparing with compound inflation rates over the period, extending from the purchase price year, to the sell price year.

The Bank of Canada has an on line
Inflation Calculator, which is free and simple to use.

Australia has an almost similar free calculator, for public use. This tool has is mainly used by tax agents on behalf of their clients for use in calculating the non tax inflation component of any investment,
but
it can also be applied quite legitimately to all bullion investments.
Edited by sel_69l
08/17/2020 7:44 pm
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silverwolf's Avatar
Canada
3733 Posts
 Posted 08/17/2020  8:50 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
inflation calculator's are worthless, so is paper money apparently, if you paid 1000$, and it's still worth 1,000$ then you broke even.,

To say inflation means your 1,000$ should be worth 1,200$ at todays price, is not fair.. If it was in stocks, it could be worth much less, if it was in bonds, it could be worth much less..

I believe anything that is held long term , will go up or down.. and if you sell for more than you bought it for , you win..

No bank is paying any interest on savings.. so //
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fistfulladirt's Avatar
United States
4333 Posts
 Posted 08/18/2020  04:47 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
So how does that work with my other insurance investments such as health, life and home? I'm paying a fortune for those but zero return.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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thq's Avatar
United States
3343 Posts
 Posted 08/18/2020  09:46 am  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
It's interesting to know that, but all of us know that now would be a good time to sell. Yet very few of us will because for most of us this is a hobby more than it is an investment.

I steadily liquidate and reallocate investments for a number of reasons. But I hold specie in a different category, like old books and musical instruments. Things like nuggets and darics can't be liquidated as easily as a 5 year CD or a mutual fund.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
08/18/2020 09:49 am
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