Try calculating the value of Gulden in gold during your period, and multiplying it by
the value of gold today.
If we could get the total cash
value of gold today (around 1900 an ounce) for all of the boullion in the vault we would have about 2.7 trillion dollars... So it would not cover our debt or even get close.
Not exact matches
The tussle for control
of Phoenix
Gold intensified
today after Zijin Mining Group struck a pre-sales agreement with one
of the miner's largest shareholders, boosting its interest to 17.9 per cent ahead
of announcing a cash takeover bid that
values the business at $ 47 million.
For those who understand the tremendous financial and geopolitical forces that
today are vying not so much for supremacy as they were previously, but for survival;
gold remains as it always has been — a store
of value in times
of monetary chaos and economic distress.
That is,
gold is the secret knowledge
of the financial universe and its true
value relative to currencies is vastly greater than its nominal price
today, since much
of the
gold that investors think they own doesn't exist.
So on that basis, if we look at the
value of gold being thirteen hundred dollars
today relative to the cost
of mining..
Microsoft's Games with
Gold continues to be one
of the best
values in gaming, and
today, it was announced that SEGA Vintage Collection: Streets
of Rage and Vanquish will be making their way to the Xbox One and Xbox 360 in May.
Microsoft's Games with
Gold continues to be one
of the best
values in gaming, and
today, it was announced that...
A. Mary,
gold has been a store
of value for thousands
of years and it hasn't lost its luster for many investors
today.
NEW YORK, March 23 / PRNewswire / — Biotechnology
Value Fund, L.P. («BVF»)
today announced that PROXY Governance, widely recognized as a leading independent proxy advisory firm, has recommended that shareholders vote for all BVF Proposals on the
GOLD proxy card for the special meeting
of Avigen, Inc. (Nasdaq: AVGN — News) to be held on March 27, 2009.
the European periphery is a bubble («The Euro crisis is not over... the European economies are not going to change for the better for years to come despite all the cheating and breaking
of laws»),
Value investors need to venture to Russia («when you look at
today's opportunity set, you're left with a set
of assets where nothing looks attractive from a valuation point
of view») or buy
gold mining stocks -LRB-» The down cycle could be much bigger than anybody believes if the market realizes that all the actions taken in recent years do not work.»)
While
gold was washed out during the Great Depression once global economies abandoned the
gold standard,
today it provides a store
of value against risks
of both inflation and deflation.
Today, we use the system
of «fiat money» which says that currency is intrinsically worth only the paper it is printed on is is used only as a medium
of exchange for the supply and demand
of goods and services in an economy, including precious metals like
gold and silver, with the
value of money allowed to fluctuate based on market forces.
There are actually two; 1) the Greek situation will probably stumble along in its current form for a while, creating substantial volatility in world stock markets, and 2) given all this negative news there may be some nuggets
of gold in the Greek stock market that are worth a look for adventurous
value investors (the WSJ had a piece on Greek shipping companies
today, so I'm not alone with this line
of thinking... beware!).
Take a guided tour
of the Venus Battery, Queensland's oldest intact
gold mill, where over $ 790 million worth
of gold (in
today's
value) has been processed.
Microsoft's Games with
Gold continues to be one
of the best
values in gaming, and
today, it was announced that SEGA Vintage Collection: Streets
of Rage and Vanquish will be making their way to the Xbox One and Xbox 360 in May.
Today, the technologists
of Silicon Valley are compared to the 49ers
of last century's
gold rush; both activities
of value creation belong to a similar narrative belonging to a masculine entrepreneurial ideology.
Today, the
value of all bitcoin is at about $ 130 billion (out
of $ 250 billion invested overall in cryptocurrencies), but the world has $ 8 trillion invested in
gold right now.
Louis and Ryan discuss the impact
of the earthquake and tsunami on the world economy; inflation, interest rates, the Fed and Bank
of Japan action and the U.S. budget negotiations; the profile
of home purchasers
today; the paradox
of government intervention to make «homes affordable for everyone»; the direction
of the rental market, rent vs. buy ratios; the comparison
of Fed action during the Volker years vs the Bernanke era; Charlie Sheen, oil prices; the direction
of the dollar and other currencies race to the bottom; the status
of the dollar as the world's reserve currency; the abandonment
of the
gold standard; the fate
of fiat currencies; Utah's
gold standard push; the actions states are taking to cut spending; the price
of gold and silver and their role as stores
of value; real estate vs.
gold and silver as investments; the impact
of shadow inventory on general inventory; the impact
of the numbers
of government workers and their salaries on the D.C. area housing market.