2011 v 2014 – Fundamentals remain

In mid 2011 we saw a gold price of USD1920 and silver price of USD45.  Last year we saw the biggest declines in prices in 30 years largely in 2 “hits” in late April and June.  So as many are calling the bottom as in, what of the fundamental reasons for owning gold and silver now compared to that peak?  Well one of the fundamentals is as a hedge against economic uncertainty and this table needs no further explanation…