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Skol

33,751 Posts.

1409

07/05/16

13:41

Post #: 17702601
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Originally posted by HappyCats ↑

Well if you are comparing asset classes against gold going back to beyond Bretton Woods, then you'd be a fist class muppet - and that should be fairly obvious as gold and the dollar were one and the same. Since Bretton Woods they are the antithesis of each other.

So on August 1971 gold was 35 and now 1300 = 37x
DJIA was 900 and now 18000 = 20x

So can we put that little myth to bed now Skol, and if you want to contribute more meaningfully, then focus on the future of asset performances. But you have made it abundantly clear that you are better at pinpointing meaningless historical price points into start darts for charts, than actually being correct with forward projections. It is just soooooo boring already.

So S

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So on August 1971 gold was 35 and now 1300 = 37x
DJIA was 900 and now 18000 = 20x
============================

Including dividends the DJIA is up 89 times since 1971. Since that time the average total return including dividends is 10.5% pa.

I posted it here the other day.

You guys are a gullible lot.

Last edited by Skol: 07/05/16
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gold, page-1790

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