Wednesday, May 20, 2015

Chinese Gold Standard Would Need a Rate 50 Times Bullion’s Price

My long-term target for the price of gold was $6,300, based on two proprietary calculations, namely research on cycles, money supply figures, and various pricing ratios.  They did not take into account QE rounds.

I guess I should revise it upward.

http://www.bloomberg.com/news/articles/2015-05-20/chinese-gold-standard-would-need-a-rate-50-times-bullion-s-price

No comments:

Post a Comment