10 posts from the archive.
If you don’t trust gold, do you trust the logic of taking a pine tree, worth $4,000-$5,000, cutting it up, turning it into pulp, putting some ink on it and then calling it one bill
Sign of our troubled times, gold crosses USD 50K a kilo. Currently quoting at USD 1564 an ounce. Perhaps it’s the Royal Wedding affect.
And just like that the price of Spot Gold crosses USD 1400 an ounce. Where is this wild ride going to take us?
“In addition, the Trustee has no right to visit the premises of any subcustodian for the purposes of examining the Trust’s gold or any records maintained by the subcustodian, and n
In the current environment, we prefer unhedged, physically-backed positions over equities and paper investments in gold.Gold - The Ultimate Currency, UBS research focus
We think that the price of gold has yet further to rise. Our target is about USD 1,500 per ounce in 12 months’ time.Gold - The Ultimate Currency, UBS research focus
Like any other currency, gold actually has many prices. Thus, saying that gold is too expensive in USD terms is the same as saying that the USD is too cheap in terms of gold. Again
The green line is spot gold right now. Not the best of days. Credit: Kitco.com
Budgets & Bullion, HSBC Global Research, July 14th 2010
Logically, there must be a point at which government spending becomes too great as a proportion of GDP, or when too much money has been printed, or when the prospect of growing out