Wir hatten schon einige Diskussionen hier wo der Goldpreis bei einer Waehrungsreform oder Goldstandard stehen koennte.
Einige Analsten wie Rolf Nef kamen mit Zahlen von 50.000 USD POG, ich rechnete aus ca. 52.000 USD wenn die Amis ihre Schulden dann verschwinden lassen koennen mit dem Zaubertrick und in den Amero gehen. Einige lachten hier ueber diese Preisziele, ich fand nun was auf Goldeagle. dazu.
...Reuters June 3, 2008 at 8:36 AM EDT
VALENCIA, Spain — A major dollar crisis could come within five years and China is discussing reforms to the global monetary system to protect its $1.6-trillion (U.S.) reserves pile, says Nobel Prize-winning economist Robert Mundell.
Mr. Mundell, who has regular contacts with Beijing officials, said they are considering proposing ways to fix major currencies including the dollar and the euro, in a system similar to the one which operated under the Bretton Woods agreement from the end of World War Two until the 1970s.”
If you were China and seeing this happen to your National Treasury, would you sit there and do nothing or look for a solution?
The answer is obvious.
“China is worried about its pile of about $1.6-trillion in foreign reserves, built up during years of U.S. trade deficits, which loses value as the greenback depreciates. “
The excerpts from the above Reuters article shows that China seems to be interested in a gold backed system. If this were to occur, we need to take a serious look at what it means for the price and demand of gold.
I will give you one simple equation, which you can then apply to any nation, or the economy at large. If the USA were to go to a gold backed standard, that means each dollar in circulation would then have to be redeemable in gold. The current measure of USD in circulation based on private firm analysis is above $14 Trillion USD. The US Treasury claims it has 261,498,899.316 ounces of gold according to its website http://www.fms.treas.gov/GOLD/current.html . If we were to divide the number of USD in circulation by the amount of gold claimed to be on hand in the US Treasury, it would make the price of gold $53,537.00 per ounce.
You can perform this calculation on any nations currency, if you know the amount of currency in circulation and the country’s claimed national reserves in gold.
The bottom line is, if the world heads to any form of gold backed currency system, or any world government chooses to make its own currency backed in gold, then two things would happen:
That country will be the best runner up for the next world reserve currency
The valuation on gold will skyrocket beyond the angels
“Without reform, the global monetary system is headed for a dollar crisis within years, Mr. Mundell believes. “
I sure hope you own some gold before that happens.
Alex Stanczyk
Editor – Your Financial Future
http://www.gold-eagle.com/editorials_08/stanczyk060508.html
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Das audio und report von Martin Murenbeeld zeigt das inflationsbedingt Gold heute schon bei 2200 USD stehen muesste was das hoch von 850 $ war in 1980.
Das heisst es ist heute ums 2.6 fache billiger als damals in 1980, somit stark unterbewertet/manipuliert ist das bessere Wort.
Wenn man mit dem Tempo weiter druckt in eine Weimarer Republik dann steigt der Goldpreis locker auf ca. 2500 USD innerhalb von 4 Jahren ohne geopolitischen Einfluss.
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When Gold Is On Sale, Don’t Cry – Buy!
...Ohmigod, gold’s dropped under $1,000/oz. Ohmigod, now it’s down over $150/oz! The cries of concern during gold’s latest correction sounded like a teenage girls’ birthday party run amuck.
I’m here to tell you, relax. It’s nothing to worry about.
In fact, you should be rejoicing you’re being given such a superb chance to buy gold on sale. It isn’t often that Mr. Market offers us a golden opportunity, if you’ll pardon the pun, to buy more of a favorite investment at bargain-sale prices.
Gold hit an all-time high of $1011 on March 18. Well, adjusted for inflation it really wasn’t an “all-time” high. Gold would have to be around $2200 an ounce, in today’s dollars, to match its previous record.
But let’s not quibble. Gold over one thousand dollars an ounce made a lot of gold bugs very, very happy.
http://www.gold-eagle.com/editorials_08/cwood060408.html