toofan

U.S. Mint Actions Discourage Gold Ownership

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.

Dow Will Equal Gold in 2009

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

How High Can Gold Go?

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

Did Gold Bugs Miss the Fat Lady?

By far the most lucid description of reasons one should hold on to Gold