slide1
Download
Skip this Video
Download Presentation
The Gold and Silver Story Or Peak Gold

Loading in 2 Seconds...

play fullscreen
1 / 59

The Gold and Silver Story Or Peak Gold - PowerPoint PPT Presentation


  • 235 Views
  • Uploaded on

The Gold and Silver Story Or Peak Gold The Law of Supply and Demand Gold Supplies Fall Primary gold supply fell in 2008 for the 9th year in a row, from the all-time high of 2,600 tonnes in 2001 to 2,416 tonnes in 2008.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'The Gold and Silver Story Or Peak Gold' - paul2


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide4
Primary gold supply fell in 2008 for the 9th year in a row, from the all-time high of 2,600 tonnes in 2001 to 2,416 tonnes in 2008.
slide5
China, the largest gold mining country, and Russia, the 6th largest, are hoarding all the gold they mine, and are buyers on the open market.
slide6
The Chinese government has officially advised all citizens to buy gold and silver.

This was against the law only a few years ago.

slide7
From 1992 to 2007

90 deposits with 2.5m ounces or more were discovered.

But only 24 of them were since 2000.

slide9
At the moment, 80m ounces are mined each year but only 15m are discovered, in spite of a fivefold increase in exploration expenses
slide14
Germany and Switzerland: gold demand soared by 500% in the 1st quarter of 2009, compared to the 1st quarter of 2008.
slide16
Exchange Traded Funds purchases of gold went up 1500% in the 1st quarter of 2009 compared to the 1st quarter of 2008.
slide23
Virtually all analysts expect the US dollar to weaken for many years to come, given the massive inflation of the money supply.
slide25
Countries like China, Russia, OECD, etc. are trying to get rid of US dollar reserves and discussing a new TWC [including gold] to replace it as the world's trading currency by 2018. This could drive gold up to $5,000 an ounce.
slide26
Central banks are buying gold again after almost 20 years of selling it. India purchased 200 tonnes of gold from the IMF in November 2009.
slide28
China, Brazil and Russia are expected to buy the other 200 tonnes the IMF is selling if India doesn’t get there first.
slide29
Russia has said it wants to raise gold as a percentage of its reserves from 2% to 10%. That's 496 tonnes to 2480 tonnes, more than a whole year of world production.
slide30
China wants to raise it's 1.9% of reserves in gold to their goal of 10%. It would have to buy and/or produce 5270 tonnes, more than twice a year's worth of worldwide gold production.
slide34
If USA backed its currency with gold, gold would go to around $15,000 an ounce (this is probably an impossibility).
slide35
If the world's major trading currencies were to be backed by gold, it would have to go to $36,000.
slide36
Comex warehouses hold 66 tons of gold: They have promised to provide 1465 tons of gold for future delivery. In other words, they only hold 4.5% of the gold they need to back promised deliveries and must buy the balance in the not too distant future. This is half of worldwide gold production.
slide37
World's four largest bullion banks (warehouses) have been shorting the market heavily in September/October 2009 to drive the price down so they can buy the 1400 tons they need.
slide38
If the shorting works, gold will go down to $850 or so. Then the bullion banks will buy what they need which will start the next gold rally. This rally will no longer have a lid on it like we've seen with the bank's shorts for the last couple of years.
slide40
If the shorting doesn't work they'll have to buy gold to cover all their shorts AS WELL AS buy the 1400 tons they need to replace the shortfall. This would make the gold price go ballistic.
slide44
There are five times more gold stocks than silver
  • Total silver production in 2008 was $10.3 billion vs. $73 billion for gold
  • This represents just 1.5% of the $700 billion US bank bailout last year
slide46
Buying physical gold and silver:

Investment moves with the price of gold or silver.

slide49
Buying mining companies shares; Takes lots of research but adds leverage. More volatile than gold and silver.
slide53
Investing in oil:

Oil producing companies, large or small

oil exploration or support companies

Or oil and gas ETF's

slide55
"Regardless of the dollar price involved, one ounce of gold would purchase a good-quality man's suit at the conclusion of the Revolutionary War, the Civil War, the presidency of Franklin Roosevelt, and today."
  • Peter A. Burshre
slide57
Increasing shortage of Gold & Silver supply

Rapidly increasing demand for Gold & Silver

Falling U.S. dollar good for Gold

Gold, Silver & Oil and real tangible commodities in rising cycle for at least 10 more years

Rising inflation pushes Gold & Silver up

World turning to Gold & Silver for safety in bad

economic times

7. World turning to Gold & Silver for safety in bad geopolitical times

8. Governments printing money drives Gold & Silver up

9. Bullion banks losing battle to keep Gold & Silver down

10. Central banks now buying Gold

slide58
Advisors contact

George Bayley

TGN Fund Distributors

www.tgn.co.nz

ad