Gold and the Out of Whack Economy – Richard Daughty
Source: http://new.goldmau.com/article.php?id=498Posted on Friday, August 15th, 2008 | In Market Commentary
Contributed by: John Lee (http://goldmau.com) -
I am always looking for some extra money with which to buy gold, and if I am ever successful without actually getting a job, I intend to buy some right away, as Bob Moriarty has taken a look at the XAU gold equities index compared to gold, and finds that a recent ratio of 0.182 means that today “is the most negative ratio of gold shares to gold in the last five years.
Last 5 posts by John Lee
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 About John Lee (http://goldmau.com)
Mr. Lee runs a successful resource focused hedge fund (limited partnership). He is a CFA charter holder and has degrees in Economics and Engineering from Rice University. Mr. Lee has a keen interest in the history of money and economics, and he previously studied under Mr. James Turk, a renowned authority on the gold market. Since 2001, Mr. Lee has researched hundreds of mining companies and personally met with dozens of management teams. He is a sought-after speaker at all major resource conferences and publisher of articles at various online news websites such as Kitco.com. |
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