This will really show us how good the Gold Market is and really how Bad that the stock Market performed this passing decade... This decade really did a number on the Stock Markets...
http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=95006&sn=DetailThe statistics show that gold has outperformed virtually all other asset classes over the past ten years despite permanent talking down by the gold skeptics.
Author: Frank Holmes
Posted: Monday , 28 Dec 2009
SAN ANTONIO (U.S. GLOBAL INVESTORS) -
Happy holidays wishes to all, with a special season's greetings to the permanent gold skeptics.
The decade that ends Thursday is on track to be the worst in recorded history for the U.S. stock market - worse than all of the many boom-and-bust cycles of the 19th century, worse than the Great Depression-era 1930s, worse than the recession-plagued 1970s.
The S&P 500 opened the decade at 1,469.25 on January 3, 2000. When the market closed on Christmas Eve, the S&P 500 stood at 1,125.46 - with four trading days left in the decade, the index's annual performance over that span is negative 2.6 percent. The Dow Jones Industrials has lost about 1 percent per year over the same period, and the Nasdaq Composite is down a whopping 5.9 percent annually. When adjusted for inflation, the 10-year returns for these indices are even lower.
Login
FAQ
Search
macroscopic
