Gold

This article takes a look back at the history of gold’s performance as an investment over the years.

Gold is universally recognized as a safe-haven investment, a go-to asset class when others look uncertain but this week has been a particularly rocky one for the metal, even with Greece and Puerto Rico’s debt dilemmas, not to mention the recent Shanghai stock market decline. In fact, gold has traded down for 10 straight sessions to end the week at its lowest point in more than 5 years.

Several signs have been flashing for the past year that gold has become too big for its britches and will eventually adjust to a lower price which could push the yellow metal off the edge of a cliff to - dare I say - not just below $1100 or $1000 per troy ounce, but to $880ozt.

To answer the question “what drives the prices of gold” we have to determine the nature of gold. Is it a commodity, a currency, neither or both? This article does just that. Read on.

Central banks clearly want inflation and fear deflation and will, therefore, find a way to create the inflation they want resulting in gold prices somewhere between $3,000 and $4,500 by 2025.

...Many in the investment community swear by the old myths about gold, but is there any truth in them? If investors examined the facts, they would find that the most commonly held anti-gold beliefs do not hold water and, once the general public realizes that these beliefs are not valid, the price of gold will be much higher.

People who equate sound money with gold and tout the advantages of returning to a gold standard should also embrace silver as a complementary – and necessary – partner with gold in re-establishing sound money. Here's why.

Hundreds of articles seem to be posted every day on why the prices of gold and silver are going north of $5,000 & $100 ozt. respectively, or conversely to below $1,000 and $15, respectively. Unfortunately most of what is written is self-serving and/or wishful thinking. Some is what I call nothing more than financial entertainment devoid of substance. Occasionally a thought provoking article is posted and when that happens munKNEE.com is there with it. Below are some such articles that are currently in the munKNEE.com vault.

On Wednesday, June 24th, Ronald Stoeferle's 9th edition of the “In Gold We Trust Report - 2015", with a global reach of some 1 million readers, will be released to the public at large. THIS ARTICLE highlights 10 interesting charts from said report.

Those in control will not allow the gold price to reach $18,000 an ounce where the 18,000 DOW sits today, but the DOW could drop 90%, as it did in 1929, to 1800 and gold rise to $1,800 an ounce! Could one accept the very real possibility that the DOW will unhinge by 50%...and gold rise to $9,000 an ounce? Look at these historical DOW to GOLD ratios.