Wednesday, August 11, 2010
The Keiser Report
In the latest Keiser Report Max & Stacy discuss financial terrorists on Wall St, later Max interviews the film maker of the Indonesian Gold Dinar doco featured on this blog a few days ago....watch here
Posted by Unknown at 10:20 PM No comments:
Precious metals are best performing assets
From the UK Telegraph: Precious metals such as gold were the best performing asset class of the first half of the year, according to research by Lloyds TSB.....read on
Posted by Unknown at 5:23 PM No comments:
Adjusting for Inflation
Often analysis on Gold & Silver mentions the 1980's high's - almost always from an US$ point of reference, I thought I would try to bring in a Australian perspective to the discussion.
In AUD$ term the high point for both Gold and Silver (closing Ask price) in the 1980’s was on 21/01/1980.
Gold closed on that day at AUD$752/oz
Silver closed on that day at AUD$46.37/oz
A point to note, the AUD$ was worth more than the US$ in 1980.
Click on the graphs above (maybe sit down first) to see the inflation adjusted price in 2009 dollars.
Posted by Unknown at 1:32 PM No comments:
Watch your Money Disappear
I had chance to re-read today one of Peter Souleles's most succinct pieces on Inflation and the protection offered by Gold & Silver. A must read......read it here
Posted by Unknown at 12:39 PM No comments:
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