So far in 2010, gold has crushed the stock market (Dow and S&P 500). From January 1 to June 30, gold is up more than 10%, while the stock market is down more than 7%. That's a difference of more than 2% per month. That's greater than the long-term trend of 1% per month.
It is possible that the stock market will outperform gold for 6-12 months. For the last 10 years, gold has crushed the stock market over any 2+ year time period.
Friday, July 2, 2010
Gold Crushed the Stock Market in the First Half of 2010
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1 comment:
I have always though about stock market as a scam machine and scam machine sometimes can outperform gold and sometimes gold can win. Speaking from a painful learning experience I will never ever consider stock market as a serious investment - it is more like a casino.
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