ZLATO – vraj aj $8500

Do akej výšky môže vystúpiť cena zlata? Niektorí to dlhodobo vidia aj na $8500/oz.

Well, history shows us what is possible.

The most obvious time to look to for parallels is the 1970s. Then the gold price went from the artificially suppressed price of $35 an ounce to $850. That is a rise of, give or take, 2,500%. A similar 2,500% rise from the artificially suppressed 1999 low of $250 would take us to $6,250. That is what happened before.


However, there are lots of differences between then and now: in those days interest rates were higher, the threat from derivatives was not as pronounced, debt was lower, there was not such a global crisis in banks, money supply growth was not so out of control, and crucially, Gordon Brown and Ben Bernanke were not in charge. So perhaps $6,250 is a little conservative.


In the long-term it does not matter what central bankers say. What matters is what they have done. Gold and oil are going to go a lot higher. But how high? I’ll tell you. Perhaps $8500/oz for gold and $400 for oil.


Článok: www.moneyweek.com/file/48581/why-gold-could-hit-8500-an-ounce.html

19.06.2008

"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

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