3 Decades Of Gold’s Performance Off Major Commodity Bottoms

As we get ready to kickoff 2019, here are 3 decades of gold’s performance coming off of major commodity bottoms.

3 Decades Of Gold’s Performance Off Major Commodity Bottoms
December 31 (King World News) – The following chart and comments were in response to Fred Hickey’s note:

The individual noted gold’s performance vs the stock market in 3 separate 10-year periods after major commodity bottoms (see chart above and subsequent performance results below). 

1929-39: Stocks down ~40%, Gold up ~75% 

1970-80: Stocks up ~2%, Gold up ~2200% 

2000-10: Stocks down ~15%, Gold up ~400%

Based on the results above, it will be very interesting to see how the price of gold trades vs the stock market over the next decade.

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