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This is a very interesting chart but I can't figure out if it takes compounding into account or not.
by sebmellen 10mo ago
This is a very interesting chart but I can't figure out if it takes compounding into account or not.
- FreeTrade 10mo agoYes, these charts keep popping up on my Twitter and it's always difficult to know what they are really measuring.
- vessenes 10mo agoIt’s just s&p 500 index value divided by gold to get a “gold native” number. The compounding represented here would be the growth of the companies that has been “compounded” as a result of their internal investment
- hdgvhicv 10mo agoIt’s ignoring S&P dividends which add a significant amount. S&P on its own is up 20 fold since 1990 SP500TR Is up 40 fold.
- vessenes 10mo agoI guess if your purpose of the site is to make yourself feel good about gold they chose the proper index. Agreed if you want to compare the decidedly non-dividending gold as an asset class TR makes sense.