Hi Dub
All the variables are certainly being set up in favour of gold...
I think that the USDindex will fall to the 80s, or 70s and then stabilise...i don't think other major nations will willingly allow it to fall below this level. (their export industries would get demolished at anything below this level).
At this stage i think the major players will come to an unofficial agreement to fix the major currencies (within a reasonably wide range).
In the background, all indebted nations will be pumping the total money supply to reduce the burden of debt.
Leveraged assets will not rise to any great degree under this scenario, cause they're already under significant strain...but commodities, and the alternative currency- GOLD - certainly will.
We live in interesting times...
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Hi DubAll the variables are certainly being set up in favour of...
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