Gold's Outperformed the DJIA since 1971

[No1joey]

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

 

[No1joey]

Article from 2009.

Todays figures -

DJIA $17,958 - 1995% increase

Gold $1191 - 3400% increase

 

[atlas]

Those figures consider compounding dividends, right?........

 

[No1joey]

Those figures consider compounding dividends, right?........

Which company? How long were they invested for? Like asking how long is a piece of string.

Dividends are taxable anyway.

 

[trader10]

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%

 

[No1joey]

I could not retrieve that much data in relativity/percentage between DIJA VS GOLD....

I've got from 1996 onwards: DJIA still wins...

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.

 

[trader10]

Yeap... the DIJA only beats gold because of the QE QE1, QE2, QE3... PRINTING MONEY.... QE4 will come sooner than later....

 

[monopolize]

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.

 

[nbboy1123]

This story was from 2009.....also it appears to NOT add dividends into the calculations. Sorry...all that glitters ISN'T gold.

 

[No1joey]

This story was from 2009.....also it appears to NOT add dividends into the calculations. Sorry...all that glitters ISN'T gold.

Somebody sounds mad gold pummelled their precious DOW :lol: