The gold "bugs" seem to imply that nothing has outperformed gold in the long run and they see its return over the past decade (246%) as proof its superiority.
What has outperformed gold? Platinum has gained 255% over the past 10-years. Still in the precious metal universe. In the currency universe, several have outperformed gold over the past decade, though I am not sure that that out performance means that they were or are good investments.
The Angolan kwanza has appreciated (spot, excluding interest) by 274908%. The Bulgarian lev has appreciated by 125436%. The Tajikistani somoni has appreciated by 22336%. The Afghanistan afghani 9400% and the Belarusian ruble has appreciated by 3680%.
Among the major currencies, looking at total return (spot plus interest), the New Zealand dollar is the best performer, returning 160%, with the Australian dollar returning 154%. The Norwegian krone has generated a total return of almost 113% and the Canadian dollar 108%. The euro has returned 74%. Sterling almost 67%. The US dollar has nearly returned 46%, while the Japanese yen has provided a total return of 27.5%.
Best Performers in the Long Term
![Best Performers in the Long Term]()
Reviewed by magonomics
on
September 11, 2009
Rating:
