As someone mentioned earlier today on another measurement (Dub I think) you now repeat the trick and put up another selected and biased chart.
As counter. In 1971, only 8 years prior to the start of your chart, gold was $35 an ounce, as you say $1,270 today. So that is a rise of 36 times. What a wonderful investment.
Nearly all the stocks in the Dow Jones have either gone broke or fallen out of the index in that time. Remember, the index is just an index. But an ounce of gold is still an ounce of gold. Again it is worth repeating, gold, what a wonderful investment it has been and is my dear Bretheren
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Dusko Ljubojevic, MD
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