If you consider the "Gold Act of 1900" which set the price of one ounce of gold to $20.67 while the S&P 500 index was only $6.15, then the current gold price relative to S&P 500 is very cheap, in my opinion.
Yes, very cheap. *LOL*
In other words, since 1900, the price of gold has risen by 5200%. S&P has risen by 34,125%.
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Posted by: sarah_oz@yahoo.com
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