The Value of Gold - It's a Matter of Connecting the Dots

The Canadian dollar has tanked against the $US.

Here are two compelling graphics of special interest to Canadian investors ... I'll leave you to reach your own conclusions.

http://www.kitco.com/gold_currency/index.html?currency=no&timePeriod=1y&flag=gold&otherChart=hardCur

$Cdn and $US  Trend Through Time

http://www.tradingeconomics.com/charts/canada-currency.png?s=usdcad

Norman Rothery maintains a great website on investing.  I have mentioned it in earlier editions.  Stingy Investor

One of his interesting offerings is the Periodic Table of Annual Returns for several asset classes.  Those who disparage gold as an asset should take a look at the table.  (You need to click on the following link as I could not import the image.)

http://www.ndir.com/cgi-bin/PeriodicTableofAnnualReturns.cgi

Good mining enterprises will continue to figure in my portfolios. In fact, I have added to my positions recently ... but as speculative gambits.  (See earlier postings for my criteria.)

The "relative value" of gold and silver in 2014?  

http://www.eia.gov/todayinenergy/detail.cfm?id=19431