Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

gold, page-65125

First 65125 Last

Share
Profile

Follow
mikeyjon

1,520 Posts.

535

27/01/20

17:36

Post #: 42589061
Share

Originally posted by Dr.Who: ↑

albatross you ignore dividends. Dividends are real returns, it is cash removed from companies for investors to do with as please - either reinvest or consume.

No comparison of a stock indices is complete unless one considers accumulated returns.

The CAGR of gold from 1915 to present day is approx 1.7% adjusted for inflation. That is the reason Doc maintains gold will return marginally above inflation in the long run - that is what gold does. Intuitively it makes sense to return marginally above inflation - it provides miners with just enough motivation to mine. I accept there is a demand of sorts for gold, it is just not that great a demand hence the poor returns comparable to companies that make things.

p.s. it took gold 26 years to reach the heights of 1980 and it still hasn't reached the heights of 2011

Expand

Gee wizz again doc , you take a global outlook on gold and completely ignoring the domestic scene . If you are going to mount an argument at least express a balanced perspective. This is the only way I count my gold over the last 10 years.
9 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 61,424 more messages in this thread...

First 65125 Last

Add GOLD (COMEX) to my watchlist