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<p>[QUOTE="SilverSurfer, post: 777816, member: 21603"]I have two pet peeves when reading about the silver market. First, I'm sick of hearing how silver has outperformed gold last year. Because, when you compare the market crash that happened in 2008, silver was taken to the shredders, while gold held it's value. So, it only makes sense that silver "outperformed" gold since it has so much catching up to do. Here's another way to think of it......If silver outperformed gold 2 to 1, then why is gold at an all time high and silver still lags behind it's highest price......Because it crashed harder in 2008, which isn't included in any of these stupid reports. For a bullion buyer, nobody actually bought the physical silver for $9 an ounce. The premiums earlier this year were so outrageous that bullion buyers were probably more in line with paying $15 or $16 an ounce. At the current price of $17.40 an ounce, that's not much of a profit. </p><p> </p><p>Second pet peeve is the talk about gold and silver not being a good inflation hedge. Of course, people purporting that usually go to 1979 and compare gold to treasuries and stocks. Funny that they choose 1979, the year when gold and silver were highly overvalued. So, yeah, if you bought gold or silver in 1979 and hung onto it all those years, you made a bad investment. However, if you compare 2000 to 2010 you see that gold way outperforms both treasuries and stocks. So, I have a pet peeve on this one sided view of data. Can someone who talks about 1979 to 2010 also include a chart showing 2000 to 2010, to show that this last decade gold and silver are good inflationary hedges.</p><p> </p><p>Idea? Comments?[/QUOTE]</p><p><br /></p>
[QUOTE="SilverSurfer, post: 777816, member: 21603"]I have two pet peeves when reading about the silver market. First, I'm sick of hearing how silver has outperformed gold last year. Because, when you compare the market crash that happened in 2008, silver was taken to the shredders, while gold held it's value. So, it only makes sense that silver "outperformed" gold since it has so much catching up to do. Here's another way to think of it......If silver outperformed gold 2 to 1, then why is gold at an all time high and silver still lags behind it's highest price......Because it crashed harder in 2008, which isn't included in any of these stupid reports. For a bullion buyer, nobody actually bought the physical silver for $9 an ounce. The premiums earlier this year were so outrageous that bullion buyers were probably more in line with paying $15 or $16 an ounce. At the current price of $17.40 an ounce, that's not much of a profit. Second pet peeve is the talk about gold and silver not being a good inflation hedge. Of course, people purporting that usually go to 1979 and compare gold to treasuries and stocks. Funny that they choose 1979, the year when gold and silver were highly overvalued. So, yeah, if you bought gold or silver in 1979 and hung onto it all those years, you made a bad investment. However, if you compare 2000 to 2010 you see that gold way outperforms both treasuries and stocks. So, I have a pet peeve on this one sided view of data. Can someone who talks about 1979 to 2010 also include a chart showing 2000 to 2010, to show that this last decade gold and silver are good inflationary hedges. Idea? Comments?[/QUOTE]
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