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FSN: Silver’s Underperformance Against Gold
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Przemyslaw Radomski, CFA
Silver Seek
What happened on Friday, April 12 and Monday, April 15 on gold and silver markets looked like a gigantic earthquake – a drop of about $200 (13%) for the yellow and almost $5 (18%) for the silver metal. There has been a lot of hyperbole going on. We even heard it said that a move of that scale would statistically only be expected “once every 4,776 years.” Going even further, John Kemp of Reuters calculates that, based on a normal distribution (by the way, market returns are not normally distributed), movements like this can be expected once in every 500 million trading days, or two million years. Sounds far-fetched?
Continue Reading at SilverSeek.com…
2013-04-26 10:45:15
Source: http://silveristhenew.com/2013/04/26/silvers-underperformance-against-gold/
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