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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: benwood who wrote (14226)10/28/2004 6:38:16 PM
From: Elroy Jetson  Read Replies (2) of 116555
 
$1,000 worth of Gold in 1959 is worth $12,080 today providing you with a 5.70% annual return - at least before taxes.

By contrast, $1,000 worth of the Dow Jones Industrials index would be worth $15,819 today, providing you with a 6.33% annual return - at least before taxes.

The Dow Jones 30 was around 632 in 1959 and around 10,000 today.

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