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DISCLAIMER

The opinions expressed in this blog are for informative purposes only. To the best of our knowledge, the information presented in the blog are accurate, however, we do not guarantee the accuracy of information. The views conveyed do not constitute investment advice and readers should seek professional advice when making financial decisions. Readers should not rely on the information, and those who do, do so at their own risk. Paramount Gold Nevada Corp. is not licensed as an investment advisor.

Is Gold Cheap?

To answer the question you need to know what you are measuring against. Cheap against what? Let’s compare it to the world’s current favourite asset…stocks.

Stocks are just off their all-time highs and looking a little tired. Has the stock market topped out? That’s not for us to say. But is it a good time to switch a little of your […]

The Trump ‘Reflation’ Trade

Today, markets are driven as never before by momentum, not fundamental analysis of the economy and earnings. The key to momentum is what we call the narrative, the story investors tell each other to generate the herd behaviour that drives momentum trades.

Gold is just as much affected by narrative as any other asset class, if not more so. Gold is […]

Weights, Measures and other Constants

We all know what a yard is. A pound is also standardized and known. A minute is the same anywhere on earth.

Why do we not have a standard measure for value? Until recently, we did—an ounce of gold. It was the measure of wealth all over the globe for thousands of years. Remarkably, it is still accepted everywhere and it […]

A Brief Recent History of Gold

On August 15th, 1971 President Nixon closed the gold redemption window. Until that time, the U.S. Treasury allowed foreign central banks to exchange the dollars they obtained from trade and investment for physical gold. Gold was $43.15 an ounce at the time. Economic stagflation ensued and the gold price soared.
On January 21, 1980, gold closed at $850 an ounce. […]

Understanding Gold

When Gold Does Well

Gold is essentially a ‘risk-off’ asset. Investors turn to gold for safety when they perceive that risks are rising including financial, economic and currency risks as well as political risks affecting ownership rights such as expropriation, a capital controls and increased taxation. In general, greater instability equals a higher gold price.

Here are the environments that have historically […]