Is silver better than gold?

“Teocuitlatl” was gold in the Aztec, which is in the imagination world of South American natives to the “elimination of the gods” should act. Gold has always set the imagination of the people suggested: it was at the Aztec, the Pharaohs or Audrey Hepburn in “Breakfast at Tiffany’s.” To provide the media currently in headlines about the rise of gold. Alone since the beginning of the year until Tuesday (February 17, 2009), the yellow metal by 11.3 percent to 968 U.S. dollars increased and thus contributes to the mark of 1,000 U.S. dollars per ounce (31.1 grams) to. For comparison, a year ago quoted gold at the 900 U.S. dollars, 5 years ago, yet at just 400th
Only comparatively few myths contrast to silver, with a price of 13.90 U.S. dollars per ounce on 17 February seems quite dull. Yet this precious metal could be an interesting investment alternative. Because silver has since the beginning of the year with an increase of 28.8 percent increased significantly more than gold.

The ratio is what counts

This could be the so-called gold / silver ratio be a reason. So fluctuated especially in the 19th Century, the price ratio of gold to silver 1:10 p.m. to 1:20 p.m.. Since silver in the earth about 17.5 times more likely to occur than the higher value of precious metals, this variation is obvious. They were up in the 70s of the 20th Century with gold and silver currencies hedged. Since these so-called gold or Bimetallstandards have been abolished, mainly behaves less like a silver currency, and more like a commodity. To commute the gold / silver ratio is now at much higher margins, and on Tuesday was nearly 1:70. A year ago, the ratio remains at about 1:53 and it was five years ago at 1:63.

Consequently, it appears that the gold / silver ratio in recent years to have deteriorated. Has silver potential in the order backlog compared to gold? For risk-taking investors, according to rising silver prices expected, it could be the Silver Wave XXL Call DB17YH by the X-markets team at Deutsche Bank attractive. Because the derivative is a good four levers of equipment, thus the Wave XXL roughly four times faster than rises or falls of the silver price. If the price of the precious metal, however, the mark (stop loss) from U.S. $ 11.55 or falls below, the derivative and the residual ausgestoppt disbursed.

For a continuation of the previous bull market, for the two metals could persistently gloomy economic outlook, as well as talk the gigantic economic programs in the U.S., Germany and elsewhere to be brought forward. Because these programs must have a substantial increase in government debt to be financed, at least in the long run lead to higher inflation should lead. This could have a positive effect on the development of the silver price impact.

Since the beginning of the year were silver, and the U.S. dollar growth

Conversely, the Wave XXL Put DB16ZX with a leverage of just four for investors that a falling price of silver expected. Because the derivative defines the value when the price of silver there. If the Wave XXL but the mark (stop loss) from U.S. $ 16.50 or touched, it will be the derivative and the residual ausgestoppt the investor paid. Investors should note, however, that both currency derivatives are not protected. Because in the past was a rising silver price, often with a falling U.S. dollars combined. But since the beginning of the year were both silver as well as the U.S. dollar growth.

The information contained in this document does not constitute investment advice dar. The performance of the past is not a reliable indicator of future performance.

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