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RE: Hopefully Peter Schiff didn't short Bitcoin and long Gold! Or hopefully he did?!

in LeoFinance • 4 years ago

To be fair gold has outperformed S&P500 since 2000. It just had that nasty correction from 2011 till 2016.

I believe this recent gold bull is just getting started but will never put 100% of investments in one area.

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4 years ago in LeoFinance by
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     4 years ago  

    To be fair gold has outperformed S&P500 since 2000

    Um... say what?

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       4 years ago  

      https://datatrekresearch.com/gold-vs-sp-500-tesla-qqq/

      "Since 1990: gold lags the S&P, +357% vs. 831%, both on a price basis
      Since 2000: gold beats stocks by a wide margin, +560% vs. +124%
      Since 2010: gold hasn’t been great vs. stocks, +65% vs. +195%
      Over the last year: gold trounces stocks, +22% vs. +8%"