want do gain more insight into the history of gold's bull and bear markets?

A discussion of the economic factors contributing to the previous 20-year (1980-2000) bear market in gold, and the modern market conditions that make a repeat unlikely. Also discussed is the prospect of holding mortgage debt in an inflationary environment, with useful insights and guidance provided by the hyperinflationary precedent in 1923 Weimar Germany. Featuring Pete Grant and Jonathan Kosares; Feb. 4, 2009 

Thanks to Peter and Jonathan @ USAGOLD

via coinblogger

$2000 gold? Citigroup's recent price projection analyzed.

Citigroup has forecasted gold to reach $2000 in the coming year, a figure that compares closely with the inflation-adjusted high of 1980. Pete Grant and Jonathan Kosares make further comparison of the dollar-denominated price against gold as priced in many foreign currencies by which gold is currently testing all time highs. Low interest rate policy by the Fed (and other CBs), combined with massive injections of bailout liquidity and the monetizing of debt portend further currency depreciation and monumental price inflation -- not only in the U.S., but worldwide. The oil:gold and DOW:gold ratios are discussed, as well as the negative real rates of return on low-yielding Treasury bonds, all pointing the way toward a wise choice of physical gold ownership for wealth preservation.

See the above video in its original context HERE