gold, page-107818

Ok so whilst i wait for you to clear that up

which will be that you wrote that no me

forget about capitalization- I know how indexes work

it’s simple 1972

( first change in dow since 1959 is 1976)

so you buy 100 dollars worth of shares of each of the companies listed that would have been in the dow



now follow all those companies - divs - capital requests - capital adjustments - government moves- etc - wipeouts

you will probably find some aren’t in the dow now- but you already know that-

you will see some capital would be gone - blown up -

if you reinvested the divs as presumed in those simplistic  graphs - you got no income it was paid in shares - so therefore big hits taken on some of those names

ie

Divs reinvested into shares all that time only to be wiped

Kodak
Gm taken over by government and existing capital squashed
Union carbide
Jist  Some examples

that’s the real comparison

nothing will beat a basket that is always changed when poor performing companies which don’t add to the index are removed or new bigger growth stocks come along

then compare that to 3000 worth of gold purchased

it won’t be 16000 percent vs gold in that timeframe

as I said it’s all about when you get in or out of anything and comparing a basket that changes constantly since a comparison began Jist delivers irrelevant inaccuracy info