When charted against
past gold bull markets, the present one looks as if it still has a lot of room to run.
Not exact matches
In particular, in
gold terms silver is now almost as cheap as it was in early - 2003 (2 years into the most recent previous
bull market), which means that it is close to its lowest price of the
past 20 years.
That is, it's true that silver has in the
past achieved a greater percentage gain than
gold from
bull -
market start to
bull -
market end.
Since
gold's role as a safe haven is so seemingly important as a catalyst for a
bull market, it is a legitimate concern as to whether
gold has actually protected investors in
past market crises.