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Gold, What Is It Good For?

FYI: It has been 2,555 days since gold peaked in September 2011. The S&P 500 meanwhile is within half a percent of its all-time high. Gold investors have good reason to be frustrated, as the precious metal currently sits 40% below those highs.

Gold did fantastically well coming out of the GFC, but like most other assets, it got hit hard in the teeth of the crisis. In late October 2008, the S&P 500 was in a 40% drawdown. At that time, gold too was down 30% from its highs earlier that year.
Regards,
Ted
http://theirrelevantinvestor.com/2018/09/04/gold-what-is-it-good-for/
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