We compare gold using its ETF (GLD) as the proxy, then some of the biggest goldminer names out there in Barrick (ABX), Newmont (NEM), Gold Fields (GFI), Goldcorp (GG), Buenaventura (BVN) and Agnico-Eagle (AEM).
This chart shows us how things have progressed in 2010 to date:
Here's a little longer time span, showing the 12 month period:
Now a step further back, as we consider a longer five year period.
Overall, it seems to me that unless you were smart/lucky enough to have picked AEM out the pack a few years ago, holding gold is the better call and screw conventional wisdom. DYODD, dude.