- “After 1925, the price of an ounce of silver was $. At the conclusion of 2020, an ounce out-of silver ended up selling to possess $. More one 95-12 months several months, the precious metal came back 4.87 percent compounded per year.”
- “After 1925, the expense of an ounce from gold was $0.68. At the end of 2020, an oz of silver sold to possess $. Over one to 95-season several months, the brand new precious metal returned step 3.46 per cent combined a year.”
Those people efficiency aren’t particularly impressive, particularly in light out of rising prices, and that Johnson claims ran 2.nine percent more than one to exact same 95-12 months months. Thus, a big portion of those people small efficiency try reduce even further by the inflation, making traders having low development in the to acquire electricity.
Silver against. silver: Rising prices hedge
Silver can often be recognized since a rising cost of living hedge, assisting to protect dealers regarding rising inflation.