ZLATO – stále nadhodnotené?

I have found that a value of gold of $550 for 2008 is both reasonable and consistent with the rate of increase in consumer prices over long periods of time. A long-term arithmetic linear trend suggests a price of $578. Gold’s recent relation to silver suggests a price of $550. Gold’s recent relations to other base metals suggest a price of $400.

Since gold is now over $700 and in a bearish trend, it seems to me that it is going down for good reason and that the price decline can go further based on the fundamentals considered here. What new events may transpire tomorrow that may affect gold’s price are not guessed at here.

Článok: www.lewrockwell.com/rozeff/rozeff236.html

04.11.2008

"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