GOLD 0.51% $1,391.7 gold futures

gogogogold .. good news .. gogogold, page-7

  1. CJT
    998 Posts.
    What are the authors credentials ??

    "I am convinced the Fed will eventually pass this test, that any US inflation scare will turn out to be a minor hiccup and that the US dollar will, in time, re-establish itself as the most trusted currency in the world."

    Yeah thats going to happen when they do things like stop reporting M3. THE POLITICIANS WILL NOT STOP SPENDING MONEY AT AN EVER INCREASING RATE AS IT IS POLITICAL SUICIDE.

    "A year from now the US dollar will almost certainly be stronger than it is today against the euro and the pound"

    Could be true as all FIAT currencies are being devalued simmultaneously (But I somehow doubt it). It just depends who does it faster. If all FIATs are being devalued then real assets have to rise.

    "But first, investors will have to be persuaded of the Fed's ability to control US inflation - and of Bernanke's ability to control his words."

    They control the reporting of inflation not inflation itself which is far higher than the 'official' figures.
 
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