I just came across my notes from January 2014 with the rates of three currencies and gold coins. It is interesting to see how much they have risen in rubles.
In January 2014, the cash dollar was worth 35.1 rubles, 49.50 euros, 58.40 pounds. Gold coins "George the Victorious" were sold at 12,200 rubles.
Today, September 5, 2020, a cash dollar can be bought for 75.7, euros for 89.60, a pound for 101 rubles. Coins cost 41,500 rubles.
It turns out that the dollar rose 2.16 times, the euro 1.81 times, the pound 1.73 times, and gold 3.4 times (!).
At the same time, the dollar and the euro have the smallest spread (less than 1%), the pound has 3%, and the gold coins have 5%.
But for silver coins, for reasons unknown to me, the spread is already 28.5%.
In general, over the past six years, those who have kept their savings in gold have won the most, but what will happen next is completely incomprehensible. after all, gold is now hitting historical highs in price, but once in 1980 it has already fallen in price by half and may well repeat the fall.
Perhaps silver is promising now, but the spread spoils everything. :)
Over the past six months, the price of gold in dollars has grown by 1.3 times, and for silver by one and a half times and will probably grow even more.
Of course, there are not only physical coins, but also metal accounts in banks, but when it is not clear what happens to the entire financial system of the world, there is no certainty that such savings will not be lost.
© 2020, Alexey Nadezhin
The main topic of my blog is technology in human life. I write reviews, share experiences, talk about all sorts of interesting things. My second project - lamptest.ru. I test LED bulbs and help figure out which ones are good and which are not so good.