Gold
Chart of the Day: The Price of Gold – Wow
Monday, April 15th, 2013I only keep monthly records, but the last time that I can tell that gold was this low was way back in January/February 2011. Supposed debt crisis stabilization has made gold less attractive. Selling has also dropped the price to the point that some investors are selling to meet margin calls. According to the WSJ, [...]
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 [...]