donderdag 21 juni 2012

How do we know when it's time to sell our gold?

I have pointed out previously how James Turk uses his Gold Money Index to estimate the fair value of gold. You can read it in this article. In that article we estimate that gold should be at $US 10000/ounce in 2011 if we compare the gold price to the amount of foreign currency reserves held by the central banks around the world.

To read the full analysis go to: HERE.

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