Gold Price High
This week’s video is an expert interview with Peter August of The Australian Bullion Company. Dr Marc Dussault, an Exponential Growth Strategist asks Peter why the gold price is high and why it’s expected to continue to rise in the future. If you’re interested in growing your wealth and protecting your investment portfolio, this 40minute YouTube video reveals what the rich and ultra wealthy are doing…
Video Transcript: GOLD PRICE HIGH
Hi, I’m Dr Marc Dussault and I’m here with Peter August, CEO and Managing Director of Australian Bullion Company. And we’re here videotaping a series of YouTube videos to explain certain things about gold investment. And this particular video is focused on why the price of gold has gone up so much, so quickly, at least in the eyes of the public.
This is an ounce of gold, about a year ago how much was this worth? Actually back in 2000 and in US dollars, how much was this worth in more or less the year 2000?
Okay. In more or less the year 2000 this was worth US$258.
So US$258.
That’s the low point that gold got to.
About a year ago how much was this same $258 asset that was purchased in 2000?
In US dollars it was about $800.
About $800; so from 250 to 800. Now how much is this worth today, November 2009, in US dollars?
It’s actually just at an all time high right now, so it’s $1,116. Read more…
