I think its about time the general market and its gov’t supported spoiled players gets their asses kicked. Their playground was finally seriously rolling over in 2015 after climbing from March 2009.
Because of Trump getting elected in 2016, combined with Federal Reserve help, and killing savers with low rates, they or Dow, got FOUR MORE years and 12,276 more points or 76% higher. Re Dow 2016 at 16,000 versus 28,286 today, 76%.
Bottom of summer 2008 blip crash, March 2009, Dow was 8,166, today 28,300 is 253%. That’s a lot of percent in 12 years.
GOLD??? WAS $272 in year 2000, $1,580 today 2020 is net 480% in 20 years. No property taxes, no maintenance, and no interest payments if you paid cash. Ok you math pros. What would the Annual Percentage yield be on that?
I won’t be surprised if it comes out 17% APY, you guys remember those posts of mine from years ago before we got thrown off stride? Whipsawed? Way up and way down?
Visual view Gold. https://www.mrci.com/pdf/gc.pdf