Yesterday, in response to our post on how wrong the public was back in this 2011 Gallup poll, the following suggestion was made:
Which asset performed best is dependent on your definition of “long term”. 2011-2013 is at best medium term. Long term to most people means decades, 20 years or more. Look at charts for 1993-2013. For young people starting to invest it means their whole working career. That means around fifty years, given current retirement trends. So look at charts for 1963-2013.
The charts above date from 1950 to present.
Its pretty clear that Gold moves in fits and starts; the Treasury market has had an enormous and unusual bull market, and stocks are volatile gainers over the long haul.
Ralph M Dillon
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.