From 2001 to the start of 2008 the Dow increased by 15 pct, gold rose 250 pct, as well as silver rose an striking 300 pct. However, after the financial situation that commenced late in 2008, the Dow has slipped that gain while gold as well as silver have actually only lowered some of their results since 2001.
The point is that we are in the center of a commodities cycle, revealing that the very hot, brand-new investment is switching from stocks and real estate which are paper investment opportunities, to oil, gold, as well as silver which are commodities.
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Whilst oil as well as gold will probably by all odds rise dramatically in rate, it’s absolutely nothing in comparison to the profits some think silver will absolutely produce in the coming years.
For the first 2,000 years that gold as well as silver were the major form of money around the world, the exchange price between the 2 metals averaged 12 ounces of silver to 1 ounce of gold. In addition, silver’s value was one 12th that of gold. Having said that, it would fluctuate by region and time period.
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