I will periodically post the S&P 500 value weighted index @ the close of NY exchange & also the price of gold/oz @ it's end of the day price according to http://www.kitco.com/ . I will also post the percentage of increase/decrease for ea. for 1-2 years (if I'm still around). The proof of which would have been a better investment (without any selling, buying etc.) for this period of time will be shown. Anyone care to predict (1 mo., 6 mo. 1 yr. etc)? I hope to update @ least once a week.
Prices Percentage of increase/ decrease from 6/15/2009
Gold $928.00 0%
S&P 500 $923.72 0%
I also thank you Ike for the effort. It has been a learning experience. I believe that you picked a window of time that PM's were bound to win. The S&P would win in 90% of all such windows in time. I do believe I mentioned Rhodium way back and would hope that someone took the chance. They would be sitting on a nice profit now. I still think gold, and other PM's, is a safe investment for 2010. But as said before, don't put all your eggs in one basket. Happy Holidays to All.