Hold the Gold, I'll Have a Coke

[eridanus]

Quote:

Originally Posted by mathjak107 well we are going into the 12th year of equities not producing a profit at all long term ... gold is at a profit most of those years...we all so got in the habit of repeating things that we used to know to be true and i guess still want to believe to be true but hasnt been true for quite a while....

If I bought gold in April of 1996 and bought the S&P500 in April of 1996, which would have the highest return?

[TargaDave]

Quote:

Originally Posted by eridanus If I bought gold in April of 1996 and bought the S&P500 in April of 1996, which would have the highest return?

Sorta looks like $390ish in April 96.

Let's face it, the yellow-silver metal doesn't shine very often, it's a challenge to buy-sell-store, gold bugs can be a bit extreme (have one in the family), most investors love to hate it, and on it goes.

Still it's grown to about 10% of the current stash for me (hard metal) and I'll delay reallocating till the money printing frenzy winds down. On the other hand I certainly understand those sticking to other forms of inflation protection. It does sorta fit in with my living on an island and tearing up the high seas not far from some of Edward Teach's favorite hiding spots

Oh yeah, KO and PEP in there too.