Queen City Investments - OTC:QUCT
Out of interest I looked up how much $500,000 worth of gold in 1907 would be worth today. $87 million, apparently. QUCT's market cap? $84 million.
Nothing to do with the post. Just thought that was funny. Probably not apples to apples.
However, you have not taken into account the dividends paid by the company (although these are currently very low). There were none for gold. Since 1907, however, this could have a huge impact.
Out of interest I looked up how much $500,000 worth of gold in 1907 would be worth today. $87 million, apparently. QUCT's market cap? $84 million.
Nothing to do with the post. Just thought that was funny. Probably not apples to apples.
However, you have not taken into account the dividends paid by the company (although these are currently very low). There were none for gold. Since 1907, however, this could have a huge impact.