Why is gold doing so shitty?

Discussion in 'Commodity Futures' started by SoyUnGanador, May 15, 2022.

  1. jrocco

    jrocco

    You just come up with that?! All by your lonesome, too?!! Ha! Ha! Ha! Well, at least I’m not the one who thinks he’s rich but apparently doesn’t have any real wealth.

    COME ON! Gimme all you got!!! Ha! Ha! Ha!
     
    #71     May 20, 2022
  2. MrMuppet

    MrMuppet

    Well...I guess now that you completely went off topic after realizing that you're out of facts to win a pissing contest, my work is done here.

    Here is a picture of Gold vs the S&P500 since the GFC as your consolation prize:

    upload_2022-5-20_17-57-22.png
     
    #72     May 20, 2022
  3. jrocco

    jrocco

    upload_2022-5-20_9-13-4.png
    I have charts too. So what?
     
    #73     May 20, 2022
  4. MrMuppet

    MrMuppet

    Looks like you're proving my point
     
    #74     May 20, 2022
  5. jrocco

    jrocco

    Keep telling yourself whatever you need to. I realize 74% of your generation is functionally illiterate so I’m not going to waste anymore time on you kid. You won! Now piss off back to your mom’s basement.
     
    #75     May 20, 2022
  6. MrMuppet

    MrMuppet

    [​IMG]
     
    #76     May 20, 2022
    themickey likes this.
  7. Overnight

    Overnight

    I think what Mr. Muppet is saying is that the past is the past, and not the future. When it comes to investing in gold, which has no dividend, vs. SP which does, your money might have been better served sitting in the SP stuff.

    And aside from that, for the past few years, gold has been floating between what...1600 and 2000 at a peak, but has been floating around the 1700-1900 level for a couple years? So it is in a range. The SP has been much more upwardly mobile. Until this year that is, hehe.

    I dunno'.
     
    #77     May 21, 2022
  8. Ed48

    Ed48

    Does anyone have one of those charts which goes up to 2030?
     
    #78     May 21, 2022
  9. timdug

    timdug

    Gold has been a shit trade for close to 2 years now. Long before Russian instability.
     
    #79     May 23, 2022
  10. xandman

    xandman

    Not for everyone.

    upload_2022-5-23_10-25-45.png
     
    #80     May 23, 2022
    timdug likes this.