Bikko and Avocado Pit
Lets use :
Y2K as the starting point to keep track of How the Dow and PMs are doing
This Century is 16 years old . And here are the surprising results
divide by 16 to get your average annual returns.
Got Gold ?
(I love these perf graphs)
Happy New year Sir Fully!!!
I love it if one goes back to top of General Market bubble.
Very true.
Big BUT !!!!!!!
Gold is still the same as it was in 2000: a 24 karat oz in pure form.
Silver is still the same it was in 2000 pure 9999 proof.
Hui may have changed slight in the mix few companies but gold miners.
But can not speak for DJIA??
What was the composition of Dow then and now??
If some one can figure out the Index level based on the same mix of stocks then the story of DJIA will be different.
These indices goal post keep changing as time goes on.
Not a true comparison. I would say so???
Thanks.
So let’s see. Gold topped out on August 23 at $1920, since falling ~60% to 1150.
SP-500 was at 1162 back then, now 2239, or a 92% gain.
WHY does anyone buy gold with that kind of a record?
Gold is a superior investment over VERY long time frames, much longer than 99% of investors ever consider. How many people bought and held gold from the bottom to the top in the last bull market? 1?