1999, or any other year is arbitrary, and you probably can pick dates to make any investment strategy look good:

* https://www.longtermtrends.net/stocks-vs-gold-comparison/

In the following graph:

* https://www.macrotrends.net/2608/gold-price-vs-stock-market-...

we have:

* over 5 years, gold over DJIA

* 10 years, DJIA over gold

* 20 years, gold

* 30 years, DJIA

> 1999, or any other year is arbitrary, and you probably can pick dates to make any investment strategy look good

I agree, that was partly my point!

> you probably can pick dates to make any investment strategy look good

But buying internet stocks in 1999 is the worst year. What happens if you buy gold in 1979?