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Message:: [QUOTE="GoldFinger1969, post: 24840464, member: 73489"]BARRON'S article in "Up & Down Wall Street" the lead section of the weekly. The author notes:<ul> <li>Gold has lagged over all kinds of time periods since 1800.</li> <li>Gold is only 15% above the inflation-adjusted high from American Civil War during the 1860's.</li> <li>Gold has returned only 0.3% since 1800 in real terms.....3% for 10-year government bonds....7% for stocks.</li> <li>Gold returned 56% annually from 1976-80 and 20.6% a year from 2001-11.</li> <li>Gold @ 8.3% last 20 years vs. 9.7% for S&P 500.  Gold @ 4.1% vs. S&P 500 at 11% last 40 years.  5.6% since Dec 1975 vs. 12% for stocks.</li> <li>$2,400 is doable according to technical analysis</li> <li>Global CBs on target for record buying: 1,180 metric tons for 2023.</li> <li>$2,400 feasible on the charts.</li> <li>$3,000 feasible if we can close above $2,100 on the monthly chart by end-December.</li> <li>Inflation-adjusted high is $3,333 in early-1980.</li> </ul>The entire piece is worth reading.  Mentions Indian buying of oil from OPEC, global conflicts, gold vs. Treasury yields, and other tidbits. BTW, BARRON'S is must-reading for me each weekend and has been since the 1980's. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]