Press release
The Enormous Undervaluation of Gold
Gold has already blasted off to new 22-year highs. It has just blown past $526 per ounce — and is likely heading MUCH higher.As we have mentioned previously, the reasons are clear ...
— Central Banks Printing Money
— Depressed Oil Prices That Are Now Surging
— The Rise of India and China
Gold surged to $530 recently before easing back to $526, but it’s still so enormously undervalued it’s a joke.
Let's say you owned an ounce of gold in 1980. And let's say you cashed it in at gold's peak of $850.
You'd walk out of the gold dealer’s with $850 in your pocket. Today, it would take a gold price of $2,176 to equal the inflation-adjusted value of that ounce of gold in 1980.
So put another way, today's gold price of $526 is less than one-quarter of what its true inflation-adjusted price was 25 years ago. Just half of that level would be $1,088, more than double today's gold price.
One of the huge fundamental forces driving Gold inexorably higher today is the World’s Central Banks also underestimated the meteoric rise of India and China as consumers and players on the world market.
The formula is simple:
In China and India over 2 Billion people want a better lifestyle and more quality products – and they want them now. Their demand for raw materials including gold is massive - add these modern desires and consumer tastes to limited supplies and you get surging inflation and booming gold markets.
China and India are pressuring gold prices both directly and indirectly. Remember that the world Gold market has only recently been opened to 1.2 billion people for the first time since the Red Army marched into Beijing in 1949. Gold is also an important aspect of the culture of both these countries perhaps more so than any other nation. In India Gold is often gifted at weddings and in China, Gold is associated with wealth and good fortune.
So first, they’re buying Gold themselves. Second, they’re driving up worldwide inflation in natural resources all over the planet, which also drives up Gold.
This is big. It’s happening right now. And it’s not going away.
Gold is the best hedge against inflation, bar none. It’s also a hedge against social and political instability, a feature of our world that, unfortunately, is in abundant supply.
BOTTOMLINE: Gold is in a powerful bull market and is heading higher still.
For More Information Contact:
Steve Pond
enquiries@1st-gold-information.com
www.1st-gold-information.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Enormous Undervaluation of Gold here
News-ID: 1092 • Views: …
More Releases from 1st Gold Information
Gold has hit $500. What's next? $1,000?
12/6/2005
Sound extreme?
Perhaps. But that’s what most people said four years ago about $500 gold. The Forces Driving Gold Bullion toward $1,000 and beyond are Now More Powerful Than Ever .
When gold hit $500 this week, it set off a chain reaction of events that are just now beginning to unravel.
No economy will be immune as there has also been a dramatic rise in demand for scarce natural…
More Releases for India
India Smart Air Purifier Market Set to Witness Significant Growth by 2035 | Phil …
India smart air purifier market was valued at $125.8 million in 2024 and is projected to reach $298.7 million by 2035, growing at a CAGR of 8.3% during the forecast period (2025-2035).
India Smart Air Purifier Market Overview
The Indian smart air purifier market is experiencing significant growth, driven by increasing concerns over air pollution and its impact on health. Consumers are increasingly adopting smart air purifiers equipped with advanced features…
Ayurvedic Service Market is Flourishing Like Never Before | Patanjali Ayurved Li …
RnM newly added a research report on the Ayurvedic Service market, which represents a study for the period from 2020 to 2026.
The research study provides a near look at the market scenario and dynamics impacting its growth. This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors for future growth in the coming years. Additionally, the…
Pasta Market Report 2018 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the…
Interior Designers India, Designers and Architects India, Interior Design Consul …
Synergy Corporate Interiors Pvt. Ltd. are offer Designers and Architects India Our architects, designers are working an national and international client base. The final design output is then integrated with the various technical and engineering aspects and taken into production. The expression is also individualistic, based on the communication of the correct corporate identity. Our designers, engineers and architects perform any plan successfully combine handy knowledge with creative ideas into…
Domain Registration India, Web Hosting India, VPS Hosting India , SSL Certificat …
All the Domain Registration services are at affordable price and assure you for the 100% quality.
India Internet offers cheap domain name registration for many domain extensions available. We are a full-service web site solutions provider. We offer a full range of web services including domain registration India, Web Hosting India, Web design, SEO marketing and etc.
We offer different standard and different Windows .NET low-cost, full-featured, all-inclusive web hosting and domain…
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer.
During the domain registration process, you will…