PRPFX at $50.00 a share

[portart]

What set of circumstances would have to take place for PRPFX to regain the $50.00 a share price? Gold at 1700.00 and the Dow at 16,000, etc?

[Ad Orientem]

PRPFX is an inflation weighted fund. So think currency weakness and or inflation.

[portart]

What percentage does PPRFX have to grow to reach $50.00 a share? What were the circumstances the last time (and only time) it approached that value?

[Ad Orientem]

Roughly 7% which is not out of line for an annual gain. PRPFX has generally done quite well during the period 2000-2012. It was buoyed by dollar weakness and gold strength. In the period following the panic of 08-09 up through 2011 we pretty much saw all of the assets rise sharply together. That was highly unusual and rarely lasts for that long.

[portart]

How many years do you project it would take for PRPFX to double?

[AdamA]

How many years do you project it would take for PRPFX to double?

My bet is 9-10.

[MediumTex]

Gold and silver need to begin rising again, interest rates need to fall, and the dollar needs to weaken.

PRPFX enjoyed a perfect storm of favorable conditions from 2000-2011.  Similarly, it saw unfavorable conditions in the 1990s.

Although Cuggino seems like a perfectly nice fellow, there was a sort of Peter Sellers/Being There quality to Cuggino's fund management in the early 2000's.

I always loved the line about how everyone is a genius in a bull market.