Remember the 1997 Asian crisis?
In all three countries, GDP was higher three years later than it had been before the crash.
While all around are panicking . . . buy
Let's look at changes in economic indicators between 1952 and 2012 (Diamond jubilee: The investment climate 60 years on )
Stocks and shares (equities) have performed better than gold during the reign of Queen Elizabeth.
The price of crude oil over the past 60 years has risen from $13.81 to the current level of $107.53.
The annual rise in the price of gold over the past 60 years has been 6.6 per cent.
|UK Gilt Yield||4.8%||1.67%|
|UK Average House Price||£1,900||£160,372|
Source: TwentyFour Asset Management