The S&P500 return with dividends reinvested since 1971 is $257 for every dollar invested. Gold is $8 for every dollar invested.
And that's with 1971 being the lowest gold price in 100 years and the current price being nearly the highest in 100 years.
For reference, the CPI inflation calculator puts inflation at 7.9x since 1971. So gold track inflation in the best case scenario.
The S&P500 return with dividends reinvested since 1971 is $257 for every dollar invested. Gold is $8 for every dollar invested.
And that's with 1971 being the lowest gold price in 100 years and the current price being nearly the highest in 100 years.
For reference, the CPI inflation calculator puts inflation at 7.9x since 1971. So gold track inflation in the best case scenario.