15 years of gold
From the website goldprice.org I found this very interesting chart. It shows the development of the price of gold since 2003 against 9 major currencies.
It shows an average return between 6.9% and 11.6% per year.
During this 15 year period, only 4 to 5 times the price of gold decreased. 2013 was the most extreme.
For all of yor goldbugs I think this is some nice info and a confirmation on our feelings and thoughts about the yellow metal as a preservation of wealth.
Enjoy!
Thank you for your continued support of SteemSilverGold
Great information. I wonder should we look at this as the decreased value of fiat currencies across the board.
Man too bad I got a lot in 2012, but this year is a gift and all will even out!⛏