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« SK OptionTrader – A good Move? | Main | The Tragedy Of The Euro! What About Germany? »
Thursday
Nov152012

Silver Prices under President Obama

 

 

If the next four years are a repeat of the last years then silver prices should do very well indeed. As we can see from the chart above silver outperformed all of the other asset classes over that period of time.

The chart also shows that gold came in second, although it was a long way behind the sparkling performance of silver. The S&P 500 and the FTSE 100 lagged a tad taking 11th and 12th spots. The Greece Athex follows up at the rear and gets the wooden spoon.

The last few days have seen the silver producers take a battering so the above chart serves as a gentle reminder that we have been on the right horse for some time. The difficulty comes when you are new to this tiny sector of the market and just started acquiring a position and were not expecting such a rocky ride. Make no mistakes this is a gut wrenching space to be invested in during periods of volatility and those periods come thick and fast these days.

Despite the bumps we think that we have a star in silver and we will be sticking with it, so do your best not to sell when times get rough, keep your cool as the best for silver prices lay ahead of us.

Have a good one.

Regarding www.skoptionstrading.com. We are pleased to inform you that we have now achieved more than a 500% return since inception.

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Our annual performance figures are as follows:

2009 We made a profit of 23.89%

2010 We made a profit of 158.66%

2011 We made a profit of 40.95%

In 2011 we outperformed:

S&P by 42%

HUI by 53%

Gold by 31%

Silver by 41%

The 2011 Annual Report by be accessed via this link.

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