Gold Exactly How It's Valued V4

by Julian Van Erlach

Overview

The pricing of gold has been solved. The author holds a patent on the formula, has published in major Finance journals, and now reveals the exact mechanism that determines the price of gold. Investors, traders, financial planners, academics, and those with an interest in gold will discover how and why the value of gold is determined by the unique relationship of its total above ground stock to world GDP. Whereas fiat money losses purchasing power because it grows faster than national GDP; world real GDP grows per unit of gold. This means that gold trades like a world bond (perpetuity) with a real interest stream that grows.

The book is written so that everyone with a basic grasp of math and modest understanding of investments will understand how to apply its principles. Moreover, the reader will understand exactly how the price of gold moves relative to bonds and stocks so that this knowledge can be applied to effective portfolio management.

Product Details

BN ID:	2940148236979
Publisher:	Julian Van Erlach
Publication date:	07/06/2013
Sold by:	Barnes & Noble
Format:	eBook
File size:	8 MB

About the Author

The author has co-authored three published academic journal papers covering gold and stock market valuation and bond yield determination through the novel “Required Yield Theory™”. Two U.S. patents have been issued to the author – the only patents ever granted for a new asset valuation method – covering all three major asset categories. Further patents are pending in the U.S. and other global jurisdictions. Gold research by the author has been validated by Swiss asset manager Lombard Odier in public documents and has been cited by Zero Hedge and Mineweb.com.