I get trading #gold and #silver, or the #mining stocks, when the price is running. I do that. But as a long-term #investment, it's absolute shite. I don't get why people want to own it. It barely keeps pace with inflation over the long-run.
A thread 👇👇
A thread 👇👇
Since 2002, #gold has performed better, averaging 9.82%/year.
Basically, if you invested in gold between 1999 and 2002, you outperformed the S&P500 until now. Over any other time frame since then #stocks are the superior #investment choice.
Basically, if you invested in gold between 1999 and 2002, you outperformed the S&P500 until now. Over any other time frame since then #stocks are the superior #investment choice.
#Silver has a negative return since 1980.
79-80 is a fascinating year and story as two brothers tried to corner the silver market and drive the price up. They did...for a time.
investopedia.com/articles/optio…
79-80 is a fascinating year and story as two brothers tried to corner the silver market and drive the price up. They did...for a time.
investopedia.com/articles/optio…
Gold ranks as one of the least favorable alternative investments based on historical performance.
Real estate, farmland, #art, wine, #lego, #comics, trading cards all produce better returns.
tradethatswing.com/alternative-in…
Real estate, farmland, #art, wine, #lego, #comics, trading cards all produce better returns.
tradethatswing.com/alternative-in…
I will need to do an in-depth article discussing the performance of gold over various time periods.
Here is the historical price performance of #stocks, as indicated by relevant indices such as the S&P 500, over the last 150 years.
tradethatswing.com/average-histor…
Here is the historical price performance of #stocks, as indicated by relevant indices such as the S&P 500, over the last 150 years.
tradethatswing.com/average-histor…
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