Silver Price In The Last 100 Years.

Using Kitco’s average annual price data:

• Since 1913 gold has increased 4.32% per year, compounded annually.  Silver has increased 3.78% compounded annually.
• Since 1971 gold has increased 8.80% per year, compounded annually.  Silver has increased 7.00% compounded annually.
• Since 2001 gold has increased 14.74% per year, compounded annually.  Silver has increased 15.17% compounded annually.

In the big picture, gold and silver are increasing in price, along with the prices for crude oil, an average house, gasoline, food, and almost everything we need.  Both gold and silver have accelerated their average price increases since 2001, the end of their 20 year bear market.

Official national debt was $2.92 Billion in 1913 and nearly $17,000 Billion in 2013.  The compounded annual increase since 1913 has been 9.04% while the increase since 1971 has been 9.31%.  National debt increases, on average, quite consistently.  Given that consistent exponential increase in national debt, are you surprised that the prices for gold, silver, crude, gasoline, food and housing have also substantially increased, on average, every year?

Read More: goldsilverworlds.com/price/silver-price-in-the-last-100-years/