Mar 12, 2012

Today’s previous article we just posted looked at loss of purchasing power by adjusting the US and Canadian dollars for inflation compared to gold adjusted for inflation.  Well this article shows a different way of looking at share market returns.  Rather than just adjusting share market returns for inflation – how about pricing them in gold?  (In...

Aug 31, 2011

Gold has been popping up a good deal more in the mainstream of late and there have been plenty of mentions of a bubble-like state.  Wells Fargo Bank recently released a report where they stated that gold was in a speculative bubble.  This was perhaps a not altogether surprising statement from a bank whose majority owner is Warren Buffet – at best someone who...

Casey Research’s Jeff Clark indicates that gold shares may well have separated from the broader US stock market.  Before we get to his thoughts, we’ve quickly plotted for an NZ comparison the largest gold stock on the New Zealand share market, Oceania Gold, versus the NZX50 index for the last 2 years. Oceania Gold versus the NZX50 – 2 Year...

Apr 14, 2010

“The ultimate asset bubble is gold” said George Soros in late January. This was widely reported as Gold is now the ultimate bubble. A subtle but very significant difference, thereby implying that Soros was stating that gold was in a bubble right now. Only Mr Soros knows what the true intent of his remarks were. However the fact that he had been purchasing...

Weekly Wanderings 10 November 2009 As usual in these weekly musings we present you with interesting items we’ve come across during the week… ·        India buys gold The big news this week was the purchase of 200 tons of gold by the Central Bank of India…John Maynard Keynes must be turning in his grave at the resurrection of “that barbarous...