SCHMIDT’S GOLD THOUGHTS (22 December 2009): (Ned Schmidt Gold Thoughts)

rnc505 — Tue, 22 Dec 2009 22:55:04 +0000

With our last comments of the year 2009 we pose the all-important question. How did Gold Bugs do in 2009? Well, as the chart below shows, the Gold Bugs won again! In fact, $Gold has been victorious over the paper asset groupies on both the five year and ten-year measurements. For 15 years results are almost tied. Will take another year or so to best paper assets on a 20-year basis. Seems that Buy & Hold does work, if one buys and holds the right stuff! By the way, the S&P data is on a total return basis which includes the dividend.

Cubefield Game » over-the-paper

SCHMIDT’S GOLD THOUGHTS (22 December 2009): (Ned Schmidt Gold Thoughts)