OXR oxiana limited

*****gold on the precipice***, page-4

  1. 203 Posts.
    I think you mean the $U.S.,which will travel inverse to the gold price.America has $350 trillion of debt and the printing press is out of control,money will soon be free like Japan,where they are too scared to borrow.
    Unless you know how America can repay this debt,especially with Chinese labour at about 1/30th the cost,then thanks,Goblin,I continue to back gold,which incidentally has been sailing pretty well of late.
    Deflation is their biggest worry,as the cost of almost everything can be produced so much cheaper in China.
    SEARAY
 
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