buy gold with fml

Hi, everyone, may be those fragments will be interesting (from http://goldbeaver.com/gclid=CP2JmoP5oJ4CFQQupAod7zyCmg )

`Why would you pay over $1000/oz for gold when you can own your share of Australian gold resources for as little as $20/oz…
Investing in a few key Aussie Gold Mining Stocks could just be your ticket to big profits in 2009 and beyond...
If you believe that gold prices will rise further then Australian GOLD Mining Companies are an extremely prudent investment. The global financial crisis is far from over and rampant inflation and a weak US Dollar will mean that gold is the only safe haven. The larger Australian gold producers own an abundance of gold and virtually have no political or sovereign risk.
By owning a share in the right company, you can purchase this precious metal at a huge discount to the gold market price. The median cost of ownership for underground gold for an Australian Producer is approximately $120/oz. In order to estimate the cost of owning this gold we simply calculate the market capital (EV) divided by the total resource (in ounces).

reasons why you like gold so much as an investment:

An Inflationary & Deflationary Hedge... Gold as a store of value (inflation hedge) may be the catalyst. For example, from 1977 to 1980, inflation averaged 9% per year and many gold mining stocks went up multiple times in value. Speculative buying ultimately pushed gold prices over 2,000% higher in the bull market of the 70’s. A $10K investment could have easily turned into hundreds of thousands. Now it seems that this could be repeated. Conversely, during the greatest deflation in our recent history (1929-36) gold mining stocks also went up in value. Some stocks went up by more than 1000% in 1935.

An Undervalued Resource... In 1973 the price of gold was $100/ounce and the Dow Jones was 1000 -- a ratio of 1 to 10. Gold was undervalued. In 1980 the price of gold was $800/ounce and the Dow Jones was 800 -- a ratio of 1 to 1. Gold was overvalued. Currently gold is approximately 1000USD per ounce and the Dow Jones is approximately 10000 - a ratio of 1 to 10. Gold is clearly undervalued again.


Good luck to all.