The Shocking Performance of Gold

Any serious investor, analyst, or commentator on precious metals has, to my mind, stressed that these are a) useful in small doses and b) a long run asset whose performance needs to be evaluated over a long run…So lets do that. There is quite enough hype about PM without hysterical “we’re doomed/Its only a flesh wound” from the opposing camps

Disclosure : I do not own gold bullion or in other form. I do have a phd student part funded by the LBMA.

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4 thoughts on “The Shocking Performance of Gold

  1. Pedro Saud

    Since any starting point is necessarily arbitrary, why is this particular starting point the relevant one? If we can’t stablish that, we should try to see how robust would the conclusion be to the particular starting point in the graphic. I suspect not much…

    Reply
  2. Pingback: Over what periods, if any, did Gold beat the SP500 Price Index? | Brian M. Lucey

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