The GSA Top 10 has had great results over the past 18 years … up +530.1% and an average 21.6% per year.
These results are so extraordinary that some don’t believe them.
So we had every Buy and Sell over the past 18 years examined and vetted by an independent auditor, Alpha Performance Verification Services (they also verify mutual and hedge funds results). Alpha’s report and the Top 10’s audited results are shown below. As far as we know, no other financial newsletter provides audited results.
Gold Stock Analyst Top 10 Portfolio
|
||||
---|---|---|---|---|
|
GSA Top 10
|
S&P 500
|
Gold
|
XAU Index
|
2001
|
20.7%
|
-11.9%
|
1.5%
|
5.9%
|
2002
|
81.4%
|
-22.1%
|
31.3%
|
37.6%
|
2003
|
101.0%
|
28.7%
|
14.4%
|
40.6%
|
2004
|
-16.5%
|
10.9%
|
5.5%
|
-6.7%
|
2005
|
1.4%
|
4.9%
|
17.9%
|
27.3%
|
2006
|
83.1%
|
15.8%
|
23.9%
|
10.7%
|
2007
|
15.7%
|
5.5%
|
30.2%
|
21.3%
|
2008
|
-52.7%
|
-37.0%
|
5.8%
|
-26.3%
|
2009
|
130.0%
|
26.5%
|
24.4%
|
35.8%
|
2010
|
70.1%
|
15.1%
|
29.5%
|
34.7%
|
2011
|
-4.9%
|
2.1%
|
10.1%
|
-20.3%
|
2012
|
-3.5%
|
16.0%
|
7.1%
|
-8.3%
|
2013
|
-55.1%
|
32.4%
|
-28.0%
|
-49.2%
|
2014
|
11.9%
|
13.7%
|
-1.7%
|
-18.3%
|
2015
|
-30.2%
|
1.4%
|
-11.6%
|
-34.1%
|
2016
|
33.4%
|
12.0%
|
8.6%
|
74.1%
|
2017
|
13.9%
|
21.8%
|
13.1%
|
8.1%
|
2018
|
-11.7%
|
-4.4%
|
-1.9%
|
-17.1%
|
Total
|
530.1%
|
171.2%
|
363.3%
|
37.3%
|
Total is the cumulative 18 year return
|
Average Annual Return |
||||
---|---|---|---|---|
as of 12/31/18
|
GSA Top 10
|
S&P 500
|
Gold
|
XAU Index
|
1 Year
|
-11.7%
|
-4.4%
|
-1.9%
|
-17.1%
|
3 Year
|
11.9%
|
9.8%
|
6.6%
|
21.7%
|
5 Year
|
3.5%
|
8.9%
|
1.3%
|
2.5%
|
10 Year
|
15.4%
|
13.7%
|
5.0%
|
0.5%
|
18 Year
|
21.6%
|
7.3%
|
10.0%
|
6.4%
|
Performance verified by Alpha Verification Services
Michael Hultzapple, CPA, CFA (804) 677-4343 |
Annualized
|
GSA Top 10
|
S&P 500
|
Gold
|
XAU Index
|
---|---|---|---|---|
1 Year
|
-11.7%
|
-4.4%
|
-1.9%
|
-17.1%
|
3 Year
|
10.3%
|
9.3%
|
6.4%
|
16.0%
|
5 Year
|
0.9%
|
8.5%
|
0.9%
|
-3.4%
|
10 Year
|
5.4%
|
13.1%
|
3.7%
|
-5.5%
|
18 Year
|
10.8%
|
5.7%
|
8.9%
|
1.8%
|
Annualized return is the Compound Annual Growth Rate
|
Cumulative
|
GSA Top 10
|
S&P 500
|
Gold
|
XAU Index
|
---|---|---|---|---|
1 Year
|
-11.7%
|
-4.4%
|
-1.9%
|
-17.1%
|
3 Year
|
34.2%
|
30.4%
|
20.5%
|
56.1%
|
5 Year
|
4.8%
|
50.3%
|
4.6%
|
-16.0%
|
10 Year
|
68.9%
|
243.0%
|
43.1%
|
-43.0%
|
18 Year
|
530.1%
|
171.2%
|
363.3%
|
37.3%
|
Cumulative return is the total return
|