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Total Returns, Gold, S&P 500, U.S. Treasury Bonds

Published 12/25/2016, 04:05 AM
Updated 07/09/2023, 06:31 AM

Do you know what the total returns are in various asset classes?

Reader Michael pinged me with an interesting chart of Gold vs. the S&P 500 vs. 30-year treasury bonds.

Let’s take a look.

Total Returns: Gold Vs S&P Vs 30 Year T Bonds

Michael writes …

Every once in a while I look at total returns indifferent asset classes. The chart (from Bloomberg) calculates the total returns for gold, the S&P 500, and the 30 year treasury bond since March of 2000.

I use that date because it was the peak in the stock market prior to the beginning of severe monetary measures to perpetuate a system that hasn’t worked very well. Of course monetary measures went from severe to beyond extreme as we await the next crisis for which Trump’s “cash for crumblers” infrastructure program may be needed to quell.

Time Frame

To arrive at that comparison, Michael picked the top of the stock market in 2000. The chart would look much different from the bottom in March of 2009.

Here’s a question to ponder: Are we closer to a top in equities than a bottom?

Latest comments

I don't get what Mr Shedlock and Michael see in the chart. Help me out! I see returns trend up for F30YR post 2000 & SPX post 2012, & gold mostly tanking post 2013. All three dropping Q4 2016, even the SPX. Yes, FED tweaks delay the inevitable. 2008, it would have been painful to let some fail, not doing it makes the inevitable 100x more painful. Trump buck$, lower corporate taxes, repatriating profits will help, also only delay the inevitable as system is constituted? A good thing b/c time bought could be used to begin properly dismantling BrettonW while building something to peacefully render current FED/IBS/IMF/associates/counter-parties irrelevant, or effectively re-purpose them. Worms should be given a clear option to entice them out of the dirt. Not all people who work in the Global Financial Disgrace System want to save themselves in a few lifeboats at the expense of the rest of us who will drown. The hard-cores may consider us a proper sacrifice, but we stand against that.
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