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SFSecurity

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Re: Hedgebunny post# 41487

Wednesday, 12/28/2016 4:02:16 PM

Wednesday, December 28, 2016 4:02:16 PM

Post# of 47082
Hi Hedgebunny, The problem with those numbers is that they do not take into account inflation.

$100 in 1886 ? $1,115.77 in 1986 according to

http://www.in2013dollars.com/1886-dollars-in-1986?amount=100

and $100 in 1986 ? $217.86 in 2016

http://www.in2013dollars.com/1986-dollars-in-2016?amount=100

so from 1886 to 2016 $100 in 1886 ? $2,430.85 in 2016

http://www.in2013dollars.com/1886-dollars-in-2016?amount=100

Given these figures the real gain is not as spectacular as it would seem.

Best, and a Happy New Year,

Allen
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