RE: Boom! End Game Nears As Central Banks Buying Up Gold Mining Companies

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Boom! End Game Nears As Central Banks Buying Up Gold Mining Companies

in money •  8 years ago 

Loved your article but a question to dollarvigilante, did you add the dividends payed by DJ to your calculation?

On December 31st, 1999, gold closed at $290.25. As of today it is trading at $1327.80. That is a percentage gain in the last 16 years of 357%! Compare that to the Dow Jones, which closed the 20th century at 11497 and currently is at 18085 for a gain of only 57.3%.

money
8 years ago by

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