Get a 10 year chart and you’ll find gold has been “growing” ever since 9 11 2001
Sure, I’d love to go back in time buying it, and throw in some oil stocks too, but that isn’t how it works. Both oil and gold have history of making very big moves, but then can do absolutely nothing for a long time too. If you rode the big move, good for you, nice call. Price appreciation though, not exactly growth, because it didn’t make anything, there is nothing being spun off from the big vault of gold someone owns. If you owned a stock, you’d get dividends, cd you’d get interest, real estate you’d get rent, etc.. Gold, like other physical items simply increases from the inflation or currecny adjustment. Ok, I’ll admit that an increase in say commercial need can add to that? Again, good call, nice to make money, don’t want to make you or anyone else here all mad and threaten to contact the “cops” on me, like the golf cheater said he’d do...
I’m not great with HTML. Care to put a chart up?