News / Investing, Finance, and Economics / Gold And Silver: What Support, Resistance, And Corporate Hedging Tells Us

  • Michael Lee
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  • Business . Consumer price index . Gold . Gold as an investment . Inflation adjustment . . Precious metal . Silver . Time .

Gold and silver appear to be making their long-awaited comeback from their Q4 2011 fall. But do they have enough left in the tank to continue toward, and possibly surpass, their respective all-time highs? Let's take a look.

Many believe that the price of gold and silver increases, historically. These charts, from, show this seemingly obvious long-term uptrend on a 10-year time frame:

But as most savvy precious metals investors know, when adjusted for inflation, this picture looks much different. CPI-adjusted, gold's high is actually around $2300 per ounce and silver's is around $130 per ounce, which both occurred in 1980. In other words, buying gold and silver with the hope that their respective prices will continually rise until the end of time may not be the best strategy...

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