ZLATO – dosiahne úroveň $2000

Virtually all commodities have gone through their "inflation-adjusted 1980 price levels," with the notable exception of gold, and that to get to that range the price of gold would have to top $2,000 an ounce. A short-term pull-back in gold is expected-- based on a correction he sees coming in oil and a short rally in the dollar, both of which will impact gold prices -- but that the long-term trend will be strongly upward.

Gold correlates to the price of oil 90% of the time -- meaning it moves with oil prices almost all the time -- and has an inverse relation to the dollar 70% of the time. With oil prices on the rise and the dollar weakening, it's a market condition that bodes well for gold, especially because gold is "not at astronomical levels yet, when compared to other commodities ... There's a lot more room."

Apparently, the market is entering a "big deflationary cycle" .

Zdroj: MW

26.03.2008

"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value."   Alan Greenspan