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Gold bugs are arriving at the end of both a year and an extraordinary decade. Precious metals prices had a roller coaster ride over the past ten years and finished mostly higher despite plenty of pain.

  • Gold was priced at $1,096 on January 1, 2010.
  • Silver opened the decade at $16.85, then spiked to over $49.00/oz before collapsing under $14… only to finish the decade around $18.
  • Palladium enjoyed an extraordinary run higher from $406/oz to all-time highs at nearly $2,000 late this year.
  • Platinum stumbled and fell, dropping from $1,467/oz ten years ago to under $1,000 today.

Metals prices reflected three overarching stories in markets…

The decade past was dominated by central planning, crooked bankers, and exploding debt at all levels.

Debt Bubble

Metals investors are wondering just how much longer this gam ... Read more »

Views: 40 | Added by: moneymetals | Date: 19/12/31