About Tim Aurora

Tim Aurora


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In India
Registered Apr 04, 2011

Tim Aurora's most recent comments:

  • On 19 Dec 2014 in China is Now the World's Largest Gold Importer and Producer, Tim Aurora said:

    smaulgld says


    If you bought in 2009, you have made no profit whatsoever.

    Not true - not even close

    Gold Prices in Jan 2009

    Low:$810 per ounce

    High : $919.50

    Average: $858.69

    Gold Price Today $1226

    Up from 51% from the Jan 2009 Low

    Up 33% from the 2009 High

    OK, I stand corrected but I looked at the 5 year chart. In Dec 2009, it was 1200 and today it is 1200.

    But yes in 2009, gold did gain a lot although looking at the 5 year chart we have gained zero. The housing is up close to 30% ( and rental dividend), the stock market is up close to 100%

  • On 14 Dec 2014 in Stepping on the gas and accelerating out of the curve, Tim Aurora said:

    cloud15 says

    One of my confidants told me to sell one or two properties , he says there is lot of inventory getting ready to be listed in January

    The best appreciation period is over, so it does not surprise me that investor's are ready to bail out. Sounds like a good plan

  • On 11 Dec 2014 in China is Now the World's Largest Gold Importer and Producer, Tim Aurora said:

    smaulgld says

    ots of volume on those ETFs each day. Certainly its not a majority who trade -that isn't true for stocks either.

    The fact does remain charts or not- gold is up 13 of the last 14 years

    * First of all gold is expected to go up every year , just to catch up with inflation. So if gold is not going up it is essentially going down.

    * If you bought in 2009, you have made no profit whatsoever. In fact when we started the discussion it was middle of 2013, and since then gold is down 20%

    * Gold is down 33% off its peak.

    * The only year gold was down it wiped off the profits of last 3 years, so the logic that it is down only 1 year is very misleading at the least and sinister at the worst.

    * By the way, since 2009, the stock prices have gone up by more than 100% ( Dow and Nasdaq), the housing close to 20%, and they both have paid a hefty dividend on top of it.

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