Quote:
Originally Posted by FakeNameChanged
This tired old cliche just isn't true today, or in the last 10 or 30 years. Not even over 100 years. At times gold has outperformed the market, but silver not very often. And both sell today for less than they both did 8-9 years ago.
https://www.longtermtrends.net/stock...ld-comparison/
Gold/Silver vs. S&P 500 & Dow 30
Descr.---------------------10 yrs.----------------------30 yrs.
Gold ----------------------+47%-----------------------+368%
Silver---------------------( -3%)-----------------------+211%
S&P 500-----------------+162%-----------------------+704%
Dow 30-------------------+122%----------------------+736%--(839% @ the high) |
you are missing the most important point. gold and silver has out lived every civilization, country or any other form of currency known to man so far.
if you are trying to balance precious metals to other forms of wealth you are dealing with a cyclical product. it will at times out-perform everything else. it will always outperform governments that you can't trust. to me there are a lot of governments in the world today that are untrustworthy.
