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When stocks go down,
gold may help: statistics
During the
41 years since 1967 that gold has traded freely, the Dow Jones Averages
has suffered 12 negative years. In 7 of them, gold increased its value.
Performance of Gold versus Dow Jones Industrial 1968-2008:
|
Year |
Gold
Price % Change |
DJIA |
|
1968 |
14.8% |
4.3% |
|
1969 |
-12.6% |
-15.2% |
|
1970 |
7.2% |
4.8% |
|
1971 |
16.5% |
6.1% |
|
1972 |
48.7% |
14.6% |
|
1973 |
72.2% |
-16.6% |
|
1974 |
66.3% |
-27.6% |
|
1975 |
-24.8% |
38.3% |
|
1976 |
-4,00% |
17.9% |
|
1977 |
22.4% |
-17.3% |
|
1978 |
37.0% |
-3.2% |
|
1979 |
126.5% |
4.2% |
|
1980 |
14.5% |
14.9% |
|
1981 |
-31.6% |
-9.2% |
|
1982 |
13.9% |
19.6% |
|
1983 |
-16.5% |
20.3% |
|
1984 |
-19.2% |
-3.7% |
|
1985 |
6.9% |
27.7% |
|
1986 |
20.4% |
22.6% |
|
1987 |
21.9% |
2.3% |
|
1988 |
-15.1% |
11.9% |
|
1989 |
-2.0% |
27.0% |
|
1990 |
-2.5% |
-4.3% |
|
1991 |
-10.1% |
20.3% |
|
1992 |
-5.6% |
4.2% |
|
1993 |
17.5% |
13.7% |
|
1994 |
-2.4% |
2.1% |
|
1995 |
1.2% |
33.5% |
|
1996 |
-4.6% |
26.0% |
|
1997 |
-21.4% |
22.6% |
|
1998 |
-0.8% |
16.1% |
|
1999 |
Flat |
25.2% |
|
2000 |
-5.5% |
-6.2% |
|
2001 |
2.5% |
-7.1% |
|
2002 |
24.8% |
-16.8% |
|
2003 |
19.9% |
25.3% |
|
2004 |
4.7% |
3.2% |
|
2005 |
17.9% |
Flat |
|
2006 |
23.0% |
16.0% |
|
2007 |
31.8% |
+6.9% |
|
2008 |
4.3% |
-35.1% |
*Source: O'Higgins Asset Management from
1968 to 2002; the EuropeanSide from 2003 to 2008 (some data may have
little differences with official data because they are referred to the
last day of exchanges in London)
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