AndyM
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Since 9/11, It Has Paid to Own Silver, Gold and Oil
Market Performance Since 9/11 (with additional charts showing best and worst performing stocks)
Also link to main article here...By Mark Gongloff
If on September 11, 2001, you sold stocks and bought crude oil, silver and gold — as many people did — and then held those things for the next decade, you’d have done really, really well.
A chart posted by Bespoke Investment Group yesterday illustrates this starkly.
The best performing asset class of the past decade has been silver, up more than 900%, from $4.16 an ounce to nearly $42 at last check. Gold has been a healthy second, up nearly 568%, from about $272 an ounce to about $1854.
Crude-oil, which everybody expected to be a big winner after Sept. 11, has gained, though not as much as gold and silver, rising 225%, from less than $28 a barrel to about $86.
The biggest post-9/11 losers have been the US dollar, European stock markets and financial stocks in the S&P 500. The best-performing sector in the S&P over this time has been the energy sector, up 128%
Market Performance Since 9/11 (with additional charts showing best and worst performing stocks)
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