Well, first of all don't confuse percentage increase with rate of return on the investment. (ROR). The value that I got from the internet at January 1, 2000 (which was the lowest point in the year 2000) was $388. The value at December 31, 2018 was $1,346 and right now its $1,552. (If the

**Change %**that the above graph shows was correct....the Jan 1 value would have been $288...but its not) BTW....the last time gold was $1,152 was Nov of 2017....so it

**DOES MATTER **what time period we are looking at!!

So, the Percentage increase going from $388 to $1,552 is a 400% increase. That's easy.....$388 x 400% = $1,552. But....we are looking at a 19 year period to get to this 400% increase. What we need to understand is what would an annual rate of return (Growth) be if we start out with $388 in order to end up, after 19 years, with $1,552? You can go to any future value calculation and by putting in an up-front amount of $388, calculate the ROR. Go here

https://www.calculator.net/future-va...t=0&x=117&y=19 and put the numbers in. BTW...the "Periodic Deposit" number would be zero because we are just calculating the beginning value.

So, what we end up with is a 19 year average ROR of 7.5%. And we say "SEE....SEE.....I got a good average rate of return......right? Well, since Aug 2011 gold has dropped from a high of $2,064 to it's current value of $1,503......while the market has seen the reverse.

https://www.macrotrends.net/1333/his...100-year-chart
So the 400%, while sounding very exciting......isn't really all it's cracked up to be.

FWIW