Tuesday, June 10, 2014 1:44:18 PM
Tuesday, June 10, 2014 7:51
n a nutshell the authors contend that the major paper currencies of
the world actually now have less gold backing them than previously
thought.
An analysis by the Gold Anti-Trust Action Committee concluded that
nearly half the world’s gold reserves of 29,000 tonnes have been
dumped on the open market through central bank leasing or lending
as they term it.
$10,000-$12,000 an ounce
You can calculate what the price of gold needs to be to restore
gold backing to paper currencies to solve a crisis of confidence
in several different ways.
This is where the future price of $10,000 to $12,000 per ounce is
derived.
The formulas given in the book are a bit complex but the price
implications are easy enough to follow.
http://news.goldseek.com/GoldSeek/1402409040.php
Gold Market Update -
Clive Maund: June 8, 2014
http://www.clivemaund.com/article.php?art_id=68
Caledonia Mining Corporation (CALVF) Estimate Average Target Price -
http://www.marketwatch.com/investing/stock/CALVF/analystestimates
http://www.caledoniamining.com/pdfs/CALPres-05062014.pdf
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101966197
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103013689
God Bless
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