Wednesday , 27 November 2024

Gold

A Close Look At the Relationship Between Gold & Silver (4K Views)

Until the crisis in the international monetary system is resolved, the monetary aspect of silver will dominate its industrial aspect, and gold will keep its leadership role. As the silver price goes up, the more the industrial demand will decline, while the monetary demand will rise. The question is, in what proportions will this happen. Central banks and sovereign funds will dominate the gold market, whereas private investors will mainly dominate the silver market. There is no central bank that I know of that is buying silver today for its monetary reserves. Gold remains mainly a monetary metal, whereas silver has, above all, become an industrial metal that, in a monetary crisis like today's, can play a monetary role, as "poor man’s gold".

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How Has Gold Performed vs. the Dow In the Past Decade? (+4K Views)

The chart below comparing the performance of gold vs. that of the DJIA over the last decade may be a surprise to some - and most certainly your financial advisor. Take a look and if you like what you see send a copy to him/her suggesting that with gold currently on sale at distressed prices that now may be a good time to add some to your investment portfolio.

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