commodity stocks v. commodities -- which will do better?

[bart]

Re: commodity stocks v. commodities -- which will do better?

Hi ho Bart O' Chart!

Wow, where did you come up with that! The XAU had the longest history of all the PM mining stock indicies I could find, and here you dug up one that goes clear back to 1938. Do you have the data, or just the graphic? I'd like to plot it semilog and along with the broad stock market and gold prices.

It came from a DR post by that rapscallion SirEd ;), and unfortunately I do not have the raw data... although you're welcome to search for it. I'm just plain covered up, otherwise I would have.

Bart btw I don't know if that's your chart or not but I wanted to say if that's your chart then it's clear and understandable.

Thanks DemonD, but it's not my chart unfortunately. With all the other things on my plate, including a lot of "interesting" behind the scenes work, it'll be a while yet before I start my overall chart cleanup project

[DemonD]

Re: commodity stocks v. commodities -- which will do better?

1) You can say that about individual stocks from practically any sector at one time or another

2) I am not aganist them totally; if I had a few extra grand I wanted to gamble with,- I would pick a few of the smaller, obscure companies from stable countries.

3) Some government isnt going to grab my own personal holdings ,like they will the company you just bought stock in

4) you can sell your own stores, if you are willing to invest in a 50$ digital scale ,, travel a bit, or sell it online; it doesnt take an armageddon type scenario for one to invest in bullion


So why didnt you buy the stock 30% ago, Demon :confused:

Spunky, good point with #3. I have a friend who has to send money to her parents in Peru every month because her parents, despite working as dentists for a long time and making a lot of money, basically had their entire life-savings confiscated by the Peruvian government some years ago and now they are too old to work.

As for why I didn't buy the stock, I put the limit order in but it didn't go through.