Why Gold Will Decline More than the Markets [View article]
I found a great article regarding Gold as an Investment - How is it assessed and Why... The reasoning can be summarized as follows:
1. Gold is ‘real money’, fiat currencies are not. This is because at any point in time gold satisfies all components of the definition of ‘money’ where as a ‘store of value’ that definition in part means that ‘money’ must be able to be reliably retrieved and ‘predictably useful’ when retrieved. Fiat currencies do not meet this test as ‘money’.
2. At any point in time the U.S. $ is a measure of the price of gold, not a measure of its value.
3. At any point in time Gold’s value needs to be thought about in the context of its then current and prospective purchasing power, having regard to prevailing and prospective macro-economic conditions.
4. Whether the future economic circumstance is inflationary or deflationary some gold is a good thing to own as a ‘safe haven holding’.
Why Oil and Gold Are Headed Much Higher [View article]
I think this is a great article that goes over current situation of Gold, US$ and US political dilemma. www.stockresearchporta...-greenspan’s-failure-t...
Wall Street Breakfast: Must-Know News [View article]
Greenspan testifies: "A critical pillar to market competition and free markets did break down. … And I think that … shocked me. I still do not understand why it happened." I dont believe how he can say I Don't understand why it happened!!? Definitely shows lack of street sense. I found this article to be a fascinating opinion (alike minds) about Greenspan: www.stockresearchporta.../
Why Gold Will Decline More than the Markets [View article]
1. Gold is ‘real money’, fiat currencies are not. This is because at any point in time gold satisfies all components of the definition of ‘money’ where as a ‘store of value’ that definition in part means that ‘money’ must be able to be reliably retrieved and ‘predictably useful’ when retrieved. Fiat currencies do not meet this test as ‘money’.
2. At any point in time the U.S. $ is a measure of the price of gold, not a measure of its value.
3. At any point in time Gold’s value needs to be thought about in the context of its then current and prospective purchasing power, having regard to prevailing and prospective macro-economic conditions.
4. Whether the future economic circumstance is inflationary or deflationary some gold is a good thing to own as a ‘safe haven holding’.
Check out the article:
www.stockresearchporta.../
Why Oil and Gold Are Headed Much Higher [View article]
www.stockresearchporta...-greenspan’s-failure-t...
Ignore the Hype - Gold as Currency is Dead [View article]
www.stockresearchporta...-greenspan’s-failure-t...
great insight from a very knowledgeable professional in the Canadian Valuations industry
Expecting Epic Gains in Gold Miners [View article]
www.stockresearchporta...-greenspan’s-failure-t...
Wall Street Breakfast: Must-Know News [View article]
I dont believe how he can say I Don't understand why it happened!!? Definitely shows lack of street sense.
I found this article to be a fascinating opinion (alike minds) about Greenspan: www.stockresearchporta.../