GOLD BEATS OTHER INVESTMENTS OVER PAST 10 YEARS
July 30, 2010
According to a recent report from Rhona O’Connell, over the past ten years, gold outperformed the next best asset class by a factor of just over two.
Gold’s performance versus equities was consistent over the past one, three, five and ten years. In addition, gold was cited as the least volatile asset class over the same period.
The report stated that gold’s performance and correlation with equities demonstrated its value as a tool for portfolio diversification. The report calculated gold's annual return for the past ten years to be 14.3%, compared to 5.9% for bonds, 1.6% for cash and just 1.2% for real estate. Equity returns were negative.
(July 29, 2010, Miniweb, Gold best performing asset class over 6 months, 1, 3, 5 and 10 years)
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*Goldline recommends that precious metals and rare coins be held for a minimum of 3-5 years.
†This material has been prepared for private use. Although the information in this commentary has been obtained from sources believed to be reliable, Goldline does not guarantee its accuracy and such information may be incomplete or condensed. The opinions expressed are subject to change without notice.
You should review Goldine's Account and Storage Agreement along with our risk disclosure booklet, Coin Facts for Investors and Collectors to Consider ®, prior to making your purchase. Goldline has a spread or price difference between our selling price, called the "ask", and our buy-back price, called the "bid". That spread varies depending on coin or bar you acquire. Spreads on 1 oz bullion coins, 90% silver dimes and quarters, and one ounce and larger bullion bars are 12%. All other coins have a spread of 27%. There is also a 1% liquidation fee when you sell your coins back to Goldline. The market must go up enough to overcome this spread before an actual profit is achieved. Precious metals and rare coins can increase or decrease in value. Past performance does not guarantee future results. Coins are a long-term, three- to five-year, preferably five- to ten-year investment. We believe precious metals are suitable for 5% to 20% of the average investment portfolio though others may recommend a different percentage.
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