[AmericaUnited]

In 1965 one ounce of gold could buy you a very well made custom tailored suit of clothes.

In 2008 an ounce of gold will buy you a very well made custom tailored suit of clothes.

And somehow that is supposed to be good??! $500 worth of the S+P bought in 1965 would today buy you an entire clothing factory today.

[Lurker]

And somehow that is supposed to be good??!

I'm afraid you missed my point quite completely.

Buying $500.00 is the S&P in 1965 would have been an investment. Buying $500.00 of gold in 1965 would have been buying a store of value.

They are two entirely different things.

L

[DeaconBenjamin]

$500 worth of the S+P bought in 1965 would today buy you an entire clothing factory today.

How much would $35 of the S&P buy you? [Value of 1 oz. of gold in 1965].

Could you buy S&P ETFs in 1965?

What were the brokerage fees for buying $35 in stocks in 1965?