-- Published: Wednesday, 12 March 2014 | Print | Disqus
Specially customized gold charts for the serious first-time investor
With special thanks to the St. Louis Federal Reserve and its FRED charting software. Published with permission. These charts update automatically.
'A picture is worth a thousand words'
This collection of charts is for those who do not like a lot of verbiage to justify an investment decision -- just the facts. Two primary themes drive the specific chart selections presented here:
First, it is clear that none of the factors which caused the financial crisis of 2008 have been addressed in any sustainable fashion by those charged with setting economic policy. Explosions in both the monetary base and reserve bank credit show they have simply been 'papered-over' - a far-cry from a lasting solution. In fact, one could argue (and many have) that such policies may one day fuel a second tier to the crisis even more damaging than the first.
Second, gold from a price perspective has moved markedly lower against this backdrop - a disconnect not lost on buyers in the East as well as prudent, asset-preservation minded investors here. Even as this is written, gold has already advanced 15% off of its 2013 lows. We invite you to study this group of customized charts and come to your own conclusions.
A key feature to this issue of Review & Outlook is that the charts will continue to update automatically, so we encourage you to bookmark this page and return to it regularly to monitor any developments. Once you have made the decision to proceed with your first or next gold purchase, we hope that you will contact us to address your portfolio needs.
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London Gold versus the Standard & Poor's 500 Index Shows a possible overvaluation in stocks and undervaluation in gold
Annualized Gold Returns Shows yearly gain or loss from 2000 to present
London Gold versus Monetary Base Shows gold tracking monetary base, divergence in 2013
London Gold Last Twelve Months Shows price updated daily
London Gold versus Reserve Bank Credit Shows the effects of quantitative easing on the gold price, divergence since 2013
London Gold Annual Rate of Return Over Same Month Previous Year
London Gold Price 1968 to present (Log Scale) Shows gold's current secular bull market in relative scale to the 1970s bull market
Michael J. Kosares is the founder of USAGOLD and the author of "The ABCs of Gold Investing - How To Protect and Build Your Wealth With Gold." He has over forty years experience in the physical gold business. He is also the editor of Review & Outlook, the firm's newsletter which is offered free of charge and specializes in issues and opinion of importance to owners of gold coins and bullion. If you would like to register for an e-mail alert when the next issue is published, please visit this link.
USAGOLD Review & Outlook is the contemporary, web-based version of our client letter, which traces its beginnings to the early 1990s under the News & Views banner. Its principle objectives have always been to keep our clients informed of important developments in the gold market; condense the available gold-based news and opinion into a brief, readable digest; and counter the traditional anti-gold bias in the mainstream media. That formula has won it a five-figure subscription base (and growing). In addition to our regular newsletters, we occasionally publish in-depth special reports that focus on events and developments of interest to gold owners.
Valued for its insight, accuracy and reliability, this pubilcation is linked and reprinted regularly by a large number of websites both in the United States and around the globe. It also enjoys the goodwill of countless websites, individuals and organizations who contribute regularly to its content. To this group, we owe a deep debt of gratitude.
Disclaimer - Opinions expressed on the USAGOLD.com website do not constitute an offer to buy or sell, or the solicitation of an offer to buy or sell any precious metals product, nor should they be viewed in any way as investment advice or advice to buy, sell or hold. USAGOLD, Inc. recommends the purchase of physical precious metals for asset preservation purposes, not speculation. Utilization of these opinions for speculative purposes is neither suggested nor advised. Commentary is strictly for educational purposes, and as such USAGOLD does not warrant or guarantee the the accuracy, timeliness or completeness of the information found here.
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