Striebro - 3646% vs 630%

Aj keď článok pojednáva s porovnaním hodnoty akcií na trhu (market cap) strieborného ETF resp. Pan American Silver vs niektoré spoločnosti, zaujímavá je informácia o zhodnotení počas posledného býčieho trendu. V 70-tych rokoch striebro vzrástlo o 3646%, pokiaľ nedosiahlo vrchol pri US$50/oz. V súčasnosti je zhodnotenie "len" 630%. Ak by sa na súčasný býčí trend aplikovalo zhodnotenie 3646%, tak cena bieleho kovu by dosiahla US$152/oz.

The largest silver ETF, iShares Silver Trust, has net assets of $9.6 billion (as of February 4). This pales in comparison to the more popular stocks trading in the U.S. In fact, SLV has roughly 3% the market cap of Apple. It would have to grow over 43 times to match Exxon Mobil.

Pan American Silver, the largest pure silver producer trading on a major U.S. exchange, has a market cap of $3.72 billion. This is 4.7% the size of McDonald’s. The market cap would have to increase more than 53 times to match Walmart. It is over 62 times smaller than Microsoft.

Remember that silver rose over 3,646% from trough to peak in the last precious metals bull market; it’s up about 630% in our current run. A return matching the 1970s advance would push the price to $152. This price level is further supported by the fact that this is about where it would be when inflation-adjusted for its 1980 peak.

When you look at the potential growth in market cap of the world’s biggest silver investments, it becomes easy to view any downdraft in price as nothing but a buying opportunity. I know I do.

Článok: http://news.silverseek.com/SilverSeek/1297885733.php