JudeJin

Weekly Recap: Is the U.S. Going Bankrupt?

technicals can go to very extremes for extended period of time. we're facing unprecendented situations. black swan if you will.

the upside in gold(gold miners) is so big that we shouldn't be worried any short term corrections if any.

the gold miners have underperformed gold but also put them right at the sweet spot now, meaning there's not much downside as long as gold stays above 1050 and they're fully levered to the rise of gold price.

3 Reasons Not to Believe In Gold's Recent Rally

a mind as smart as yours can always find 3 reasons to not to believe in gold's rally. missing the bull move says your mind is not smart enough.

India Needs to Get Aggressive with Its Reserves

the author is contradicting himselt at best

A New Way of Valuing Gold

there's only one way to value gold, which is calculating gold's theoretical price based on gold standard.
if we use USA's M0, its theoretical price is above 3000/ounce. if we use M1, its theoretical price is above 6000/ounce.

in 1980, when gold shot up to 800/ounce, it is between the M0 and M1 theoretical prices!

The Short and Long Term Outlook for Gold, Silver

gold price rose in 1980 to between where US M0 and M1 would price it based on gold standard.

it was not over valued in 1980, neither is it today!

Two Short-Term Scenarios for Gold

gold mines have attracted unprecedented attention in china's A share market. the three gold mine companies attracted 5-10% of total A share volume(value traded) on many days in a market of 1500 stocks although they account for a little over 1% of total market cap.

Does Mises' Equation Give a Basis for Gold Price?

On May 03 11:41 PM MGA_1 wrote:

> The Bank of England was successful doing this for 150
> years which resulted in a very sound currency.

from when to when are you talking about?

from 1914-2008, GBP depreciated 150 times against gold. before 1914, one GBP = 1/4 ounce of gold, now one GBP < 1/600 ounce of gold!

U.S. Dollar Strength and Implications for Gold

just consider this, in 1980, when gold last made its peak, average monthly salary roughly buys one ounce of gold.

this time around, i think this ratio monthly salary/gold will come down to 1 again! if we think about how the americans are making less money in absolute terms, this ratio could go below 1!

either salary has to collapse(not gonna happen when the governments are hitting the printing press!!) or gold has to go up!

the choice is very obvious to me!

there's absolutely no better assets than gold in this environment!

2009 is the year of the Ox, or the bull in China. If you hold gold or gold mine, it will turn out to be the greatest bull year in your life!!!