American Gold

[Guest Big Eagle]

The American Eagle gold bullion series debuted in 1986. The obverse was originally designed by Augustus Saint Gaudens for the 1907-1933 $20.00 U.S. Double Eagle. The reverse features a nest of American Eagles, signifying the strength and security of American families. Its stately appearance and proud symbolism make the Gold American Eagle one of the world’s most popular gold coins.

 

Since its introduction in 1986, its four sizes, 1 oz, ½ oz, ¼ oz and 1/10 oz, have been in high demand. APMEX sells these coins in “GEM” Uncirculated Condition as well as Certified in both current and backdated issues.

[Guest 9999GOLDcouk]

Due to financial instabillity gold price could go to $15000 per ounce very soon and there is such a shortage in the silver supply, no one can really predict how high the silver price will go.

 

[Guest NIA]

This is the best evidence yet that there is no gold bubble and what we actually have is a dollar bubble.

 

[Guest NIA]

A breakout in the price of gold along with a reversal in the recent U.S. dollar rally is likely to occur in the months ahead as we see more clarity in the Greece situation and proposed IMF gold sales. With the St. Louis Fed’s Adjusted Monetary Base surging by $90 billion in the recent weeks to a record $2.184 trillion, we see little downside risk for precious metals at this time. It is only a matter of time before the world wakes up and realizes the U.S. economic recovery is phony and the only way our debts will be paid back is through monetization.

[Guest NIA]

The Dow Jones declined by 376.36 points today to 10,068.01, but to us it is meaningless what the Dow Jones gains or loses in nominal terms. The number NIA cares most about is how the Dow Jones performs in terms of gold or the Dow/Gold ratio.

 

One of our top ten predictions for 2010 that we announced on December 21st, was that we would see a sharp decline in the Dow/Gold ratio from 9.3 to below 7.

 

Two weeks ago with the Dow/Gold ratio at 8.7, NIA said, "We expect this downward trend in the Dow/Gold ratio to accelerate in the weeks and months ahead." Today the Dow/Gold ratio finished at 8.5.

 

The Dow/Gold ratio chart shows the cyclical nature of the battle between paper assets like stocks and hard assets like Gold. The Dow/Gold ratio trends upward during secular bull markets in paper assets when everybody is fixated on growth. The Dow/Gold ratio trends downward when the growth phase ends, and everybody's concern is to conserve their wealth.

 

After the inflationary crisis of the 1970s, the Dow/Gold ratio reached a low in 1980 of 1. NIA believes the inflationary depression that we are currently in will not be over until the Dow/Gold ratio reaches a bottom of 1. This means we expect to see another 88% decline in the price of stocks in terms of gold.

 

The second most important number NIA cares about is the median U.S. home price/silver ratio. The national median home price is currently $166,100 or 9,400 ounces of silver.

 

When silver reached its all time high in January of 1980 of $49.45 per ounce, the median U.S. home price at the time was $62,900 or 1,272 ounces of silver. We expect the median U.S. home price/silver ratio to return to that level by the time this inflationary depression is over. This means we expect to see another 86% decline in the price of Real Estate in terms of silver.

[Guest ThinkSpeak]

Now you can buy American gold at your local mall. The ATM gold machine updates the gold price every 10 minutes to match international markets.

 

[preet72787]

Gold is down these days. There may be loss if you invest in gold.