JudeJin

The Arithmetic of Gold: Why Its Price Has No Ceiling

whoever comments on gold please get the facts straight. central banks only have 30000 tons of gold. the fed has 8000 tons, china's central bank has 1000 tons. at today's price, china's fx reserve can buy around 60000 tons of gold, that's 30 years of world's production.

the world only has around 150000 tons of gold ever mined since the big bang.

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.

A Golden Investment in 2009 and Beyond

i think everybody need to revisit history. gold was money and was not a speculative metal until humans abondoned the gold standard.

but with or without gold standard, gold is still a strategic reserve at all central banks.

it is still a perfect hedge against rotten fiat money.

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!!!

Could Gold Be 2009's 'Trade of the Year?'

i'd like add another good measure in terms of purchasing power.

average salary/gold ratio. when gold peaks, this ratio drops to close to 1(1980).
i believe today this ratio is still close to 3.

i remember in 2000, when i was two years out of college and worked on wall street as a programmer, i took home after tax almost 30 ounces of gold worth of dollar salary every month. i wish i understood gold back then.