U.S. Mint Actions Discourage Gold Ownership [View article]
Why is the gold in Fort Knox valued at $42 - Isn't the government following their own accounting rules of marking inventory to market prices. For 3 decade the neither the value nor the quantity has changed - which begs the question - Is it really there?
If it does'nt exist then they can mark it at any price, what difference does it make.
If the bailout trillions will cause inflation, erosion of $'s value and therefore price increases for Gold, won't the same logic be applicable for Share prices - so it looks far fetched that the Dow/Gold ratio will ever be 1:1
DrBagel - Some price effects are country/location specific, real estate, fuel, subsidies - however such a big difference can only be explained that the real inflation data is being supressed. Everyone knows the methods of calculations have changed over the years and many items dropped or weightages changed. User 166668 has a point - ask/feel the pulse, the govt. is BS
Intense Inflation Pressure: Fed, Bank of England Have Their Hands Tied [View article]
Jerry Dill:
"The death of the american dollar does have one positive. It will now be better for businesses who sell goods overseas and operate in the US."
The other benefit of the death of the USD is that the debt can now be paid in a currency of a lot less value than when it was taken - part of the reason why inflation is still being tolerated and more money is being printed. God Bless the common american and his children who will have to face the consequences of this inefficient and selfish Fed and Govt.
Ben Bernanke: Talk May Be Cheap, But It's Not Worthless [View article]
Solarchampion - you almost sound as if you are paid to side Big B, but consequences have to be faced for the misdeeds of the present and past govts. That cannot be avoided, watch yr ass if you are not invested in something of value other than stocks eg. bullion, metals, energy etc.
Why are you looking at the peak price in 1980 which was only an intraday high (not a closing price) and at the height of the gold frenzy. More realistic comparasion would be what it was pre 1973 (the oil shock). The CPI calculation method would not change only the base price would be a tenth of the 1980 peak
India's Exploding Real Estate Market: Shades of the Florida Condo Bubble [View article]
If you are checking agricultural land prices on 99acres.com then those sellers are not the farmers or actual land owner. Suggest s more practical hands down approach rather than sitting in an office and checking on the internet. As a comparasion prices for agricultural land in Karjat (1 hr out of Mumbai) is available for $10-15K an acre but middle men who have bought land, subdivided into smaller pieces are selling to Mumbaites as a weekend home for the equivalent of $150-200K per acre, if one has to go by the various advertisements in the daily newspapers.
India's Exploding Real Estate Market: Shades of the Florida Condo Bubble [View article]
Anshu - as a non resident indian you can buy sell equity either through a live brokerage or on one of the several online broker platforms. You will need a bank account in INR, a demat account, a PAN card and a brokerage account. All of which can be done which you are abroad.
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Latest | Highest ratedU.S. Mint Actions Discourage Gold Ownership [View article]
If it does'nt exist then they can mark it at any price, what difference does it make.
Dow Will Equal Gold in 2009 [View article]
Global Inflation Rates [View article]
Intense Inflation Pressure: Fed, Bank of England Have Their Hands Tied [View article]
"The death of the american dollar does have one positive. It will now be better for businesses who sell goods overseas and operate in the US."
The other benefit of the death of the USD is that the debt can now be paid in a currency of a lot less value than when it was taken - part of the reason why inflation is still being tolerated and more money is being printed. God Bless the common american and his children who will have to face the consequences of this inefficient and selfish Fed and Govt.
Ben Bernanke: Talk May Be Cheap, But It's Not Worthless [View article]
Commodities Speculation Symptom of Larger Problem [View article]
How High Can Gold Go? [View article]
India's Exploding Real Estate Market: Shades of the Florida Condo Bubble [View article]
India's Exploding Real Estate Market: Shades of the Florida Condo Bubble [View article]
Did Gold Bugs Miss the Fat Lady? [View article]