As China gets ready to trade oil for gold-backed Yuan we look at gold’s relationship to oil and what the proper ratio between gold and oil should be.
In an article by Hugo Salinas Price titled “My Views Regarding Prospects for Gold”, Price suggests that gold will have to be revalued significantly against oil if China wants to hold onto it’s accumulated stock pile. Alternatively the Yuan could be significantly devalued. Whichever direction, gold remains a core store of value.
In the diamond segment The Real Money Show looks at man made diamonds. Are cultured diamonds the wave of the future or will color diamonds remain a strong investment for decades to come?