Tag Archive
Using History to Determine Gold’s Intrinsic Value
One of the most troubling questions to non-owners of gold is what gold’s value should be. They have watched the price climb in puzzlement. It just traded at $1,460. Last year at this time it was $1,140. In 2009, it was $880. Investors hear that gold is an inflation hedge. But that 65% increase... »
Gold: 1980’s Highs May Dampen 2011’s Enthusiasm
Gold’s price is up, but what about its value? We know gold is supposed to protect us from inflation, but where does that protection begin and end? Gold’s claim to fame: Store of value The investable quantity of gold remains relatively static. In addition, gold doesn’t age and it has a history of trade... »
Gold: A Wonderful, Terrible Global Investment
Gold has its own Midas touch. It can turn depression and despair into excitement and dreams of wealth. War and terrorism? Gold rises. Inflation and currency devaluation? Buy gold. World economy sinking? Gold is the answer. Fantastic. But wait… »