Gold/USD/SPX Performance, Multiple Timeframes
There have been a lot of posts on blogs, and Caps, and I believe a Bloomberg article showing something to the effect that if you bought gold at the peak in 1980, you would only be up 100% so far, but down on your investment for almost 30 years.
An interesting but ultimately pointless "analysis". Wait, this deserves more sarcasm. """"analysis"""" (quadruple quoted).
Why? Because it assumes that you saved up all your money, bought precisely at the peak, and have done nothing with it since. You didn't have any stops in place. You didn't average down. You basically didn't do anything that normal investors would do.
The same argument can be applied to buying anything at a top and making a likewise comparison.
So a much more nuanced picture would be to show there performance of gold, compared to say the USD and SPX in 5 year increments, which is what I do below: