gsi: if you hold same $ value of gold & silver
Then by adding the silver price to the gold price you can easily track what the combined price would be for both.
Since this can't be done daily, it is a reading of what the value of the two would be if it could be done daily.
It helps me to understand where both are going, assuming equal holdings MONETARILY for each.
For me it's a measure of monetary debasement, since despite the comprehensive effort to hold both their prices down, it can't be done for very long, resulting in the 10 year bull market for gold and silver.
Since the gold and silver market makes up much less than 1% of all investments monetarily, it could hardly be in "bubble" trouble.
No, I think the next bubble is in bonds and/or commercial real estate since interest rates are near zero for bonds and commercial real estate development grossly exceeds demand.
Even WITHOUT Quantitative Easing 3 (QE3), dollars are so overproduced literally and digitally that a crisis of confidence in the dollar by the entire world approaches a 100% probability.
Defaulting won't help much either because there are just too many dollars out there already, even if US creditors don't receive any more.
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