[NeoCaveman]

Those poor people are only up 50% the poor things.

When instead they could be down at least 20% in the stock market.

[Huck]

I invested in stocks after the last crash and my portfolio is up about 40% since then, plus dividends.

[steve0]

Good thing liberals read the media and didn’t buy any Gold.

[Freddd]

Yeah their attacks are certainly old.

[Labyrinthos]

Those poor people are only up 50% the poor things. When instead they could be down at least 20% in the stock market.

That depends upon the when they brought and sold. If they brought gold in 1981 as a long-term investment, the investment would have would have grown about 50% over 29 years or about 1.72% per year, which means that gold lost money after factoring in inflation. For example, a $10,000 investment in gold in 1981 would be worth about $15,000 today before the effects of inflation.

The S & P 500 index, in contrast, had an average annual return during that time period of approximately 12.5%, and a $10,000 investment in the Vanguard S & P 500 Index Fund in 1981, would be worth about $190,000 today before the effects of inflation. Since March 2009, many stock mutual funds, including the Vanguard S & P 500 Index are up over 40% and many funds are up 60% or more, but unlike gold, these funds can be brought and sold with a few clicks of the keyboard without paying a commission of any kind.

I really hate to disappoint you, but just because Rush, Mark, and Glen hawk gold on their shows, doesn't make gold a good long-term investment.