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Discussion in 'General Precious Metals Discussion' started by adze67, Nov 28, 2020.

  1. adze67

    adze67 Well-Known Member Silver Stacker

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    Get the feeling we "Stackers" are on the right side of history :cool:
    Last 6 months are mostly noise ;)
    Charts.PNG
    Just saying...:p
     
    adze67, Nov 28, 2020
    #1
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  2. Ag bullet

    Ag bullet Well-Known Member

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    that's not gold and silver performance, that's AU$ performance.

    AU$ value vs gold over 20 years = AU$ -369.58%
     
    Ag bullet, Nov 29, 2020
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  3. adze67

    adze67 Well-Known Member Silver Stacker

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    So performing better than USD ;)
    Charts 01.PNG
     
    adze67, Nov 29, 2020
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  4. kilo

    kilo Well-Known Member Silver Stacker

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    ^^^ use what ever currency you want result is the same

    As Ag bullet said it’s more about inflation

     
    Last edited: Nov 29, 2020
    kilo, Nov 29, 2020
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  5. kilo

    kilo Well-Known Member Silver Stacker

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    Not sure but would expect ASX and realestate to show similar gains on the dollar?
     
    kilo, Nov 29, 2020
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  6. 66rounds

    66rounds Well-Known Member Silver Stacker

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    66rounds, Nov 29, 2020
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  7. 66rounds

    66rounds Well-Known Member Silver Stacker

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    If your metric isn't the $ then what is it? How would you value anything except in comparison to something else? As one goes up the other inevitably inverses
     
    66rounds, Nov 29, 2020
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  8. kilo

    kilo Well-Known Member Silver Stacker

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    ^^
    Metric for the point of this conversion is the Dollar, I’m suggesting there are other asset classes that have out performed the dollar just as PMs have.
     
    kilo, Nov 29, 2020
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  9. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    The dollar has only gone down so it wouldnt be hard to beat that haha.
    Compared to other failing currencies it might look strong from time to time but inflation adjusted it's a complete disaster as you know.
    All currencies became connected when the central banks took over the printing mostly everywhere in the world at once.
    The same banks that finance both sides of every war weve had.
    The countries that refused have been targeted in different ways and have mostly succumbed since then.
     
    JohnnyBravo300, Dec 9, 2020
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