Data shows that gold has been outperforming equities for the last 40 years. The bottom line is that gold today is at $1,050. That's 30X times the gold price of $35 in 1971, when the United States went off the gold standard. That represents a 3,000% gain!! The Dow Jones Industrial Average (DJIA) in 1971 traded around 900. It's now 10,000. That's a gain of about 10X, or 1,000%, over the same period of time Let's say the day the U.S.went off the gold standard, in 1971, you invested $100,000 in gold and $100,000 in the DJIA. The gold portfolio today would be worth about $3 million. The portfolio of DJIA-indexed stocks would only be worth $1 million. http://www.businessinsider.com/who-knew-golds-outperformed-the-djia-since-1971-2013-7?IR=T
Which company? How long were they invested for? Like asking how long is a piece of string. Dividends are taxable anyway.
I could not retrieve that much data in relativity/percentage between DIJA VS GOLD.... I've got from 1996 onwards: DJIA still wins... DJIA in blue up over 330% / GOLD in black up over 212%
Its called the tech bubble. Only thing that beat gold since it was unpegged from the dollar. Since golds unpegging, it beat everything, to date - not just up to 2011.
Yeap... the DIJA only beats gold because of the QE QE1, QE2, QE3... PRINTING MONEY.... QE4 will come sooner than later....
The only problem is it was not legal to own gold again until 1975 so unless you were a central banker you couldn't have bought it for $35 in 1971.
This story was from 2009.....also it appears to NOT add dividends into the calculations. Sorry...all that glitters ISN'T gold.
