5 years on from GFC

Last week we posted how the world’s debt is even worse now than just before the GFC and we continue to live under the threat of another event.  When the GFC hit everything plunged, but it was gold and silver that recovered the quickest and outperformed everything since.  In Australia, as of today (after gold and silver have seen declines in anticipation of this week’s QE tapering news) gold is the best performer at 51%, silver then at 33%, then housing investment (price and yield) of 20% and then shares (price and dividend reinvestment) of 15%.