There are many ways to predict the gold price, none of them very accurate.
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Smaulgld Super Classic Mug – $23.99 with Free Shipping in the Continental United States.
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Smaulgld You Tube Live Stream July 31, 2018
Yesterday’s live stream discussed the various ways that people may project the price of gold. They may look at consumer confidence, interest rates, real interest rates, gold supply and demand, political uncertainty, the Yen/Dollar, Yuan/Gold, SDR/Gold ratios, central bank buying by China and Russia, Indian imports, outstanding US/global debt gold ratios, money supply increases, open interest on the COMEX, GDP to gold ratio, TIPS vs gold ratio or Gold ETF flows. Others just give up trying to project the gold price and resign themselves that the gold price is subject ot the whims of manipulators.
Watch the video companion to “What Drives The Gold Price?”
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THE GOLD PRICE AND CONSUMER SENTIMENT
Gold rose from $300 an ounce in 1985 to $500 an ounce in 1988.
US GDP during Reagan boom years:
1984 7.3%
1985 4.2%
1986 3.5%
1987 3.5%
1988 4.2%
Gold also rose from $340 an ounce in 2003 to $830 an ounce in 2007
US GDP during Bush years
2003 2.8%
2004 3.8%
2005 3.3%
2006 2.7%
2007 1.8%
CRYPTO WEALTH LEADS TO SURGE IN GOLD AND SILVER JEWELRY BUYING
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Reasons to Buy and Hoard Mugs
- 1. Mugs have been used for drinking for more than 5,000 years.
- 2. They are finding more uses for mugs every day.
- 3. We could not live our lives without mugs.
- 4. The Russians and Chinese are buying mugs hand over fist.
- 5. Mugs are made in China
- 6. Mugs are hard assets
- 7. Mugs are real wealth
- 8. Mugs can’t go to zero
- 9. Mugs are Portable
- 10.Mugs are drinking vessels, Period.
Wait there is more:
You can mix Mountain House in a mug.
You can carry your barter silver in a mug.
You can do many things with mugs that you can not do with fiat currencies.
Measure your wealth in mugs.
They have Mugs at the offices of JP Morgan and Central Banks -that is all you need to know.
When TSHTF you’ll want to have your Smaulgld mug close by.
Buy your Smaulgld Mug(s) today.
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