The historical low for VGPMX was 5.05 on 8/31/98. The historical high was 40.02 on 5/19/08. The maximum NAV gain was 692.47%.
Alan Greenspan gave gold the kiss of death on Wednesday, suggesting it was a good investment idea going forward. Gold promptly fell out of bed, dropping $21.50 on Thursday and today is down about another $35 so far. Miners say they cannot remain profitable if gold departs much from the $1,200 range. Meanwhile the dollar is soaring toward 87 as the Fed has ended QE.
The maximum NAV gain for VTSMX, by the way, has been 414.31%.
