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Check out how $100 put in bank deposits or S&P500 have done versus gold over the last 50 years. You will find that these do not generate real returns when measu
by cherryteastain 10mo ago
Check out how $100 put in bank deposits or S&P500 have done versus gold over the last 50 years. You will find that these do not generate real returns when measured against sound currency either.
- atwrk 10mo ago$100 put into S&P 500 in 1975 would be about $7500 today, or about $1250 in 1975 dollars. $100 put into gold in 1975 would be about $2600 today, or about $440 in 1975 dollars. S&P 500 would have had 3x the returns of gold.
- paddleon 10mo agocheck your numbers with a purchase date of 1971.
- jbstack 10mo agoI'm not sure how you reached this conclusion. I did as you suggested. $100 invested 50 years ago into gold would be worth $3000 today. $100 invested into the S&P500 50 years ago would be worth $6870. https://www.macrotrends.net/2324/sp-500-historical-chart-data https://www.macrotrends.net/2324/sp-500-historical-chart-dat... https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart https://www.macrotrends.net/1333/historical-gold-prices-100-...