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<p>[QUOTE="justafarmer, post: 1840232, member: 3926"]Here is how Gold and Silver stack up against other commodities over the last 20 years</p><p> </p><p>Oil</p><p>an ounce of gold buys 34% less now</p><p>an ouce of Silver buys 3% less now</p><p> </p><p>NatGas</p><p>Gold Buys 132% more</p><p>Silver Buys 241% more</p><p> </p><p>Corn</p><p>Gold Buys 79% more</p><p>Silver Buys 164% more</p><p> </p><p>Beans</p><p>Gold buys 67% more</p><p>Silver buys 145% more</p><p> </p><p>Wheat</p><p>Gold buys 83% more</p><p>Silver Buys 169% more</p><p> </p><p>Cotton</p><p>Gold buys 143% more</p><p>Silver buys 257% more</p><p> </p><p>Lumber</p><p>Gold buys 208% more</p><p>Silver Buys 352% more</p><p> </p><p>Beef</p><p>Gold Buys 140% more</p><p>Silver Buys 252% more</p><p> </p><p>Pork</p><p>Gold buys 148% more</p><p>Silver Buys 265% more</p><p> </p><p>Copper</p><p>Gold buys 19% more</p><p>Silver Buys 75% more</p><p> </p><p>Aluminum</p><p>Gold Buys 163% more</p><p>Silver Buys 287% more</p><p> </p><p>HR Steel</p><p>Gold buys 88% more</p><p>Silver buys 258% more</p><p> </p><p>This has me leaning towards the opinion that other commodities in general have a sizeable upside or Gold and Silver still have a long drop ahead. I just don't believe the economic value and/or real demand of gold and silver have increased this much in relation to other commodities over the last 20 years. But keep in mind throughout all my years of farming - I have never hit the market perfect.[/QUOTE]</p><p><br /></p>
[QUOTE="justafarmer, post: 1840232, member: 3926"]Here is how Gold and Silver stack up against other commodities over the last 20 years Oil an ounce of gold buys 34% less now an ouce of Silver buys 3% less now NatGas Gold Buys 132% more Silver Buys 241% more Corn Gold Buys 79% more Silver Buys 164% more Beans Gold buys 67% more Silver buys 145% more Wheat Gold buys 83% more Silver Buys 169% more Cotton Gold buys 143% more Silver buys 257% more Lumber Gold buys 208% more Silver Buys 352% more Beef Gold Buys 140% more Silver Buys 252% more Pork Gold buys 148% more Silver Buys 265% more Copper Gold buys 19% more Silver Buys 75% more Aluminum Gold Buys 163% more Silver Buys 287% more HR Steel Gold buys 88% more Silver buys 258% more This has me leaning towards the opinion that other commodities in general have a sizeable upside or Gold and Silver still have a long drop ahead. I just don't believe the economic value and/or real demand of gold and silver have increased this much in relation to other commodities over the last 20 years. But keep in mind throughout all my years of farming - I have never hit the market perfect.[/QUOTE]
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