GOLD 0.51% $1,391.7 gold futures

us jobless rate falls to 9.0%, page-10

  1. 1,534 Posts.
    Yes longer term we could another financial crisis happen if China slow's or implodes. Really EU & US Governments are delaying the inevtable of cleaning the bank rot and bad loans out of the system. A good example is Iceland which during the GFC went backrupt and did not try and bail itself out. Now it has recovered and is having a strong recovery.

    The longer Western Governments delay and continue to print money the longer the system will support those that do not deserve to be there.

    I am currently short Silver but only for the interim as I think the next crisis to come along, end of year or start of next year will see GOLD -> +$2000
 
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