I came across this chart as part of the article in the link below.  Looks good for Gold and Gold Stocks to me at some point in the next few years. The article compares other periods as well. What it does not account for is the volatility of gold stocks and the better performance if profits are banked on the way up.

http://www.shareprophets.com/views/29081/will-next-market-crash-be-like-2008-or-1973-history-predicts-an-amazing-run-in-gold-gold-stocks

The question I suppose I would ask is, looking at the graph below do you want to invest in the SM or in PM’s going forward? I know timing is an issue, but taking a 3-5 year view?