Portfolio Log-inGold Perfomrance vs S&P 500 Performance Over 11 Years
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Never let it be dare said that gold is in a bear market. Such a statement is just completely and factually WRONG, unless you wish to remain in a state of denial.
Below is a simple chart of the PERFORMANCE of Gold (the upper darker line – I don’t know the exact color since I am nearly color blind) versus the performan of the S&P 500 which has dragged along for years from a performance standpoint and at times has been substantially DOWN (the red line – red I can still see).
Gold up over 500% in 11 years, S&P 500 Performance is NEGATIVE over the same time span.
This is going to be my official Chartology thread. I will be adding more charts over time.
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Author Jim Kingsland
Market commentator with focus on Gold and Silver after long broadcast career at FNN, Bloomberg, and Fox. #RandomHouse published author on PMs. Jim has also been involved in projects for CAC and Coinplex.
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