Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

In the same category

vox kadavergehorsamkeit
Member since May 2012
222 commentaries - 1 follower

1 followers

has posted a comment on the article :

The Implosion of Net Worth, and Race for Capital Preservation

- Andy Hoffman - Miles Franklin

"In real terms, stocks haven’t increased all that much since I graduated college in 1992..."

Indeed, the DJIA has only risen from 3,000 to a tad over 15,000 in that time. Whereas gold has preformed brilliantly over that same stretch, rising from $350 to a bit under $1,400 today. (For those of you unfamiliar with it, i was using my sarcasm font.)

The situation in Venezuela is completely by the book and should come as no surprise. When money depreciates, or when everything costs more if you prefer, the stock market always benefits as people look to preserve whatever of their wealth they can. And it seems those that bought stocks there are making out like bandits; a 300% increase in stocks versus a 40% devaluation of their money. i'll take that any day of the week and twice on Tuesdays.

Commented 3901 days ago

Send

Beginning of the headline :During my 24-year financial market career, equities have received the lion’s share of headlines – as they have been more “exciting” than other asset classes, providing a better chance to “get rich.” However, they have experienced several momentous crashes during this period; let alone, the 1987 crash that occurred just before my career started – in which the Dow declined by 22% in one day, and 36% that month. In real terms, stocks haven’t increased all that much since I graduated college in 199... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis