GOLD 0.51% $1,391.7 gold futures

The state of gold, page-1694

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    Yep, gave you a week's rest, gold did nothing and stocks continue on a tear, especially the N225. Here's an excerpt from an article I've been reading to give you an idea what wasted space gold as an investment is.
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    The Numbers Don't Lie

    In his seminal book "Stocks for the Long Run," renowned economics professor Jeremy Siegel looked at the long-term performance of various asset classes in terms of purchasing power -- their monetary wealth adjusted for the effect of inflation.
    With a $1 investment each in stocks, bonds, T-bills and gold, beginning in 1802 and ending in 2006, Siegel calculated what those assets would then be worth.
    Stocks were the big winners, growing the initial dollar investment into $755,163. Bonds and T-bills trailed dramatically, returning only $1,083 and $301 respectively. But the big surprise was in how badly gold fared during that time, only growing to $1.95.
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    Gold - the road to ruin
 
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