Do your analysis at the most critical point for gold in the last 50 years, when Nixon took us off the gold standard in 1971. Gold comes out much better. And with forward looking to 2020, Gold will be $6,000 or more. The Dollar and government bonds very well could be out of existence. Very Troubled times like these mandates the worlds best hedge against failing world fiat currencies, PHYSICAL Gold
GOLD STANDARD Most probably the reason we have people talking about a gold bubble is that the banksters, governments, etc want people to sell their gold and silver now at these current cheap prices. Naturally, they will be doing the buying. Once the true value of gold gets out, as per the "defacto gold standard" comment in the previous article, the game could well be up. Same goes for the Comex being short on Gold. Same for banks shorting gold.
The total value of "all" fiat currencies in circulation expressed say in $dollars, divided by the total mined gold supply above ground in OZ equals = the real value of gold at this moment in time. This amount must be exceeded before a REAL/TRUE bubble exist in Gold. This then is the current real " gold standard " value of Gold. Banksters and governments know this, no matter what they publicly feed us in falsified information. Surely you, Mark Anthony, or someone has they data to reasonable estimate this Value of Gold, based on the Gold standard that left the scene a short 38 years ago.
The Dollar Coin: Two Sides of the Reserve Dollar [View article]
At a minimum we should expect the G20 to want a new world currency tied to a basket of currencies and perhaps 10% tied to gold. These countries will want a check and balance on the $dollar printing presses, along with checks on the other currencies in the basket as well. Uncle Sam's massive printing that is underway has spelled the demise of the $ as the worlds reserve currency. Other nations printing more will prevent them from becoming a "reserve status". Look for a Basket Deal to come forth with a Review Board to make quarterly adjustments to the basket currency percentages. Personal Gold/Silver best for long term protection of savings.
Price of Gold Says Nothing About the Dollar [View article]
The price of Gold has been on a steady march up, up , and up for the past 8 years or so. During this time, the dollar has been up and down, but Gold has been continually on the uptrend. The world market is and has been realizing that Gold is very under priced and therefore the price of Gold is going up faster than anything else. China, Germany, Saudi, Russia realize the value of Gold and are stocking up. Many Central banks are starting to do the same. Even some Funds are switching from paper gold GLD to Real Physical GOLD. As worldwide inflation stars to take hold due to printing presses by world government, GOLD will go Parabolic. Company stocks come and go, governments and currencies come and go, but Real Gold keeps going up, Fools Gold will always disappear in the end.
G20 and IMF Gold: A Late April Fools' [View article]
I agree with Nova above and China and have personally gone to 40% gold. Still trying to figure out what to do with the rest of this silly monopoly fiat money. The S&P 500 will tank this quarter on very high PE ratios. That is unless the GOV allows new accounting to artificially fake out the market as to the true PE ratio's. Price Inflation due to trillions of $, #'s, etc,being printed as we write, will make fiat currencies take a DIVE in real value. When the mucic stops, who is going to be left holding worthless fiat currencies or worthless S&P stocks that have a PE of 80.
Inflation: Is This the Real Danger? [View article]
Get real Max, inflation is in some markets right now. Three years ago Irish Creame $19 a bottle, $24 now. A 12 pack of Ginger Ale was $3.33, now $4. Sirloin Steak was $4.99/#, now is $8.99/#. Gasoline is down, but OPEC is in process of correcting, and gasoline is heading up again. That will take the above items Higher. Auto's are down due to fear in the marketplace and job security. That will change quickly when employers start to hire again. Housing is down, but when that bottom is reached, housing will start to rise slowly to match the mixture of inflation, demand, and rising wages.
All That Is Gold Does Not Shine [View article]
Resurrection of the Gold Standard [View article]
Most probably the reason we have people talking about a gold bubble is that the banksters, governments, etc want people to sell their gold and silver now at these current cheap prices. Naturally, they will be doing the buying. Once the true value of gold gets out, as per the "defacto gold standard" comment in the previous article, the game could well be up. Same goes for the Comex being short on Gold. Same for banks shorting gold.
Resurrection of the Gold Standard [View article]
The total value of "all" fiat currencies in circulation expressed say in $dollars, divided by the total mined gold supply above ground in OZ equals = the real value of gold at this moment in time. This amount must be exceeded before a REAL/TRUE bubble exist in Gold. This then is the current real " gold standard " value of Gold. Banksters and governments know this, no matter what they publicly feed us in falsified information. Surely you, Mark Anthony, or someone has they data to reasonable estimate this Value of Gold, based on the Gold standard that left the scene a short 38 years ago.
The Dollar Coin: Two Sides of the Reserve Dollar [View article]
Uncle Sam's massive printing that is underway has spelled the demise of the $ as the worlds reserve currency. Other nations printing more will prevent them from becoming a "reserve status". Look for a Basket Deal to come forth with a Review Board to make quarterly adjustments to the basket currency percentages.
Personal Gold/Silver best for long term protection of savings.
Price of Gold Says Nothing About the Dollar [View article]
G20 and IMF Gold: A Late April Fools' [View article]
Inflation: Is This the Real Danger? [View article]