That's true, but stocks are also at all time highs now, so its not a completely unfavorable position for stocks. This is the reason why I said it will likely out perform over that window for a few years.

The problem is, someone who is working and saving money away doesnt get to choose the window they are in.

I wouldn't buy gold here, but if gold ever drops around the range of 1500, I am not going to miss that chance again at having some of it in my portfolio.