Gold and silver prices

5 posts


I don't know if I should be happy or scared, please discuss.

Brexit definitely has something to do with this.
Numista referee for Finland
With interest rates diving in negative territory people are looking at alternatives. Brexit was a sign of the lower middle class revolting against globalism. Especially their incomes and jobs suffered as a result of the Global Financial Crisis and technological progress automating their jobs and now there is whisper of unleashing large deficit-funded infrastructural investments to make the blue-collar workers happy again. While this a pretty good idea to increase spending power of the lower middle class, it will likely come at the cost of higher inflation, and with interest rates manipulated this low shiny metals are back in the spotlights again.

Interesting to see what this will lead to.
All I can say is that I wish I could have had these figures 16 years ago. Look at the returns I could have had if I had invested in Gold and silver back then.
In the last 16 years in USD the annual returns on gold and silver are 10 to 11%. Measured in Swiss Francs this is closer to 7%.

In the past 100 years gold has returned 2.6% annually in Swiss Francs and silver 1.1% annually. If you invested that prudently in the stock and bond markets you would have beaten that.
Btw Neil, I know a freat investment adviser who never gets it wrong. His name is Harry Hindsight.

Now back to selling loans collateralised by undies, is there a way to leverage that?

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