Corporatization - Why we forgive and forget
Corporatization - Why we forgive and forget I still remember when gold was worth something. These days though the focus is on shares, not gold or silver. The value of silver, once a major asset, is now set at little more than a junk material. An ounce of silver is today worth a little over $20. Silver hit its peak in March 2011 with a price over $46 an ounce but since then the fall has been relatively steady. Gold prices in 2011 were at $1,800 an ounce for a period in July. Since then the value has been in steady decline and today an ounce of gold is worth around $1,300. The prices in 2011 represented investors wariness of investing in anything other than tangible, real assets. So where is the money going now if not to the normally solid investment of gold and silver? Back into shares of course. The performance of shares since the depths of the so called Global Financial Crisis, is easily highlighted using the Dow Jones Index. The Dow, as it is called, is a price-weighted aver...