$1,000 in Gold vs. Stocks Since 1971 — Who Actually Won? (To Scale)
$1,000 in gold vs. $1,000 in the S&P 500 from the day the dollar left gold, to scale: the winner flips four times depending on when you start the clock — and dividends, not prices, decide the race.
—credits4sourcesAll episodes
Data sources & references
01Gold — New York market price, annual average, MeasuringWorth (Officer & Williamson)
02S&P 500 total return, price, and CPI — Robert Shiller's long dataset (ie_data); nominal total return = real TR index × CPI, cross-checked against Yahoo ^SP500TR to within ~2%
03Current 2026 endpoints + price-only line — Yahoo Finance v8 chart API (GC=F, ^SP500TR, ^GSPC)