Gold
The Price of Gold During Bush’s and Obama’s Terms
Wednesday, March 2nd, 2011Here is an interesting little chart I put together this morning: During Bush’s presidency, the price of gold had an average annual gain of 15.45%. During Obama’s 2.11 years (771 days ÷ 365.25) in office, the price of gold has had an average annual gain of 28.78%. Source: USA Gold
Gold vs. S&P 500 Index 1973 – 2010
Tuesday, February 15th, 2011This post expands on my post from last week. This first graphic takes a look at the price of gold vs. the S&P 500 Total Return Index going back to 1973. The website I used for the gold price data, had daily data going back to the beginning of 1973. The data prior to that [...]
Gold’s 2010 Performance
Friday, February 11th, 2011Gold’s ride in 2010: The price of gold closed at $1,087.50 on December 30, 2009. It closed at $1,405.50 on December 31, 2010. That’s a 29.2% increase for 2010. Wow! Compare that to the S&P 500′s total return of 15.06% and you have double wow! I spent a little time putting together a couple of [...]