My comments were comparing Gold to China, not the Dow or S&P. BTW I had eyeballed your 5 year chart as the basis for my earlier comment about Gold return. Actually Gold has done well on a YTD basis. So I retract my earlier comment. But it is still half the return of China.
S&P 12%
Gold 24%
China 51%
You should really stop talking about gold while posting a chart of HUI. It's a bit dishonest.