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| | The Gold & Silver precious metals Network is not currently active and cannot accept new posts | | Gold and silver are clearly on the rise again | Views: 471 | | Jan 10, 2007 7:13 pm | | Gold and silver are clearly on the rise again | # |
me4you | |
From Mary Anne and Pamela Aden, publishers of "The Aden Forecast," in
their December issue:
"Gold and silver are clearly on the rise again. Both metals are approaching
their May highs, but this really shouldn't come as a surprise. These markets
have been strong for years and they've consistently outperformed nearly every
other investment market.
As the record shows, gold has risen 21% on average each year in four out of the
past five years. Silver has done even better. It's risen an average of 37%
each year in three out of the past four years. And if we put them together,
gold
and silver have gained 41% on average each year over the past five years. There
are few if any investments that can top that, year after year.
While gold's gains have been pretty consistent at around 20% per year, silver
is gaining momentum. This year, for instance, silver is up 55% but last year it
was "only" up 34% Remember, the gold to silver ratio is still very high
at 45 and over the centuries it's historically been near 16. This ratio was
way out of whack and at extremely high levels in the 1990s, but it's been coming
down in recent years and as it continues to normalize we believe silver will
continue to outperform gold."
"The World has changed. If you had to pin point one reason that is the driving
force behind the bull markets in gold, silver, the other metals and commodities,
this is the answer in a nutshell. And the ongoing changes in the world will
continue to push this sector higher in the years, and probably decade ahead."
"The world began to change in the 1980s but it has become more evident since
2000. The emerging economies have grown faster than the G7 countries since the
1980s, which means the G7 portion of global GDP is declining.
We've mentioned in prior issues that a world power shift is underway. It's
subtle, it's gradual but it's happening and as each year passes, it's
becoming more obvious. This has happened throughout history but today's shift
could end up becoming as important as the Industrial Revolution.
What's basically happening is a shifting balance of power and wealth to new
areas of the world, as it gradually diminishes in the industrialized countries.
BRIC (Brazil, Russia, India & China)
Interested in Gold?
Protect your Assets!
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