
heybruce
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Everything posted by heybruce
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No, let's look back to January 2000, when gold was at at a 20 year low. Is that favorable enough for you? It has increased more than four times since then. However the S&P 500, even though it was at the start of a four year, 40% drop in value, still performs comparably. https://www.officialdata.org/us/stocks/s-p-500/2000 BTW: From 1973 to present the S&P 500, if you include dividends, returned 10.38% per year over, well over the 8.8% of gold during your preferred time frame. For investment of ten years or longer the market usually beats gold by a significant margin. But if you cherry pick carefully you can find exceptions.
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Who's cherry picking now? The price of gold went up six-fold in the two years after the artificial fix of $35/oz was lifted. If you compared the change from 1975, after the price of gold had time to find its market value, to present the S&P 500 comes out ahead on the index alone. When you factor in the earnings of the stocks the market is even further ahead. "If you invested $100 in the S&P 500 at the beginning of 1975, you would have about $21,287.89 at the end of 2023, assuming you reinvested all dividends. This is a return on investment of 21,187.89%, or 11.79% per year." https://www.officialdata.org/us/stocks/s-p-500/1975
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Not quite tripled, and if you had bought when the S&P was under 1500 would have done as well or better. The index was under that from around October 2008 through October 2009, and dipped below a couple of times after that. Granted that would have involved astute or lucky market timing, but not nearly as astute or lucky as buying gold at $750/oz. https://goldprice.org/gold-price-history.html In general the US economy is a better long term investment than gold.
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Maybe, just maybe, these clear violations of ethics are enough for Republicans to vote for impeachment. But probably not.
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Trump under investigation for potential violations of Espionage Act
heybruce replied to Scott's topic in World News
I'm not surprised. However the topic isn't gun laws or background checks. -
"The risk any person accepts in continuing a pregnancy to term exceeds that of an early safe abortion by literally an order of magnitude." https://www.scientificamerican.com/article/pregnancy-is-far-more-dangerous-to-women-than-abortion/ "The pregnancy-associated mortality rate among women who delivered live neonates was 8.8 deaths per 100,000 live births. The mortality rate related to induced abortion was 0.6 deaths per 100,000 abortions." https://pubmed.ncbi.nlm.nih.gov/22270271/
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We Finally Know the Case Against Trump, and It Is Strong
heybruce replied to onthedarkside's topic in World News
Terrible isn't it? We all know that Trump is a quiet, shy person who avoids publicity and the media spotlight as much as possible. ???? -
Your coin toss analogy is is ridiculous, polls showed that Biden was far more popular in urban and suburban counties than Trump, and far more people lived in these areas. They were not fifty-fifty toss-ups. As has been explained with sources, Benford's law is not relevant to this situation. Biden got more votes in densely populated urban and suburban counties because people there were really eager to vote against Trump. It's just that simple.
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GOP embraces a new foreign policy: Bomb Mexico to stop fentanyl
heybruce replied to onthedarkside's topic in World News
Good idea. I assume you have the location of all these fentanyl factories and the names and assets of all the cartel members. Why don't you sent this information to the government? -
GOP embraces a new foreign policy: Bomb Mexico to stop fentanyl
heybruce replied to onthedarkside's topic in World News
Are you suggesting the US blockade the thousands of miles of Mexico's coast? Or that we stop and search every ship that passed through a Chinese port before it reaches Mexico? Or was your post meant to be a joke?