The SPDR Gold Trust is basically supposed to monitor the price of Gold. Since this guy who was featured in this thread made his prediction in August 2010 of the next few years (and why he believed Gold would be the place to be), the price of the SPDR basically is unchanged (120 to 125 for almost FOUR YEARS is 1% compounded annual return, give or take a little).
I don’t know where you got the 100 as the starting point for the SPDR. It was $120 in August 2010.
Meanwhile you could have bought a 4-year CD in August 2010 that would have likely outperformed that.
And the S&P has basically gone from 1100 to nearly 2000 in the same time frame.
Doesn’t matter what the inflation indicator is, Gold has VASTLY under-performed the inflation, PERIOD.
Even if the S&P was flat for the four years the DIVIDENDS beat the Gold price, all by themselves.
Facts are useless in these threads...
So,Sir,have an opinion on when the USD is gonna go flat on us all?
What is your personal opinion of the So Called FED in regard to “Who da hells gonna make the Creatures from J I solvent this Next time around...and HOW” ???
My mistake I read the 2010 price as 100 vs 120