gold - what are your thoughts?, page-9

  1. 6,931 Posts.
    Bali bagus, as I see it it is the trade imbalance that is the problem and as far as I can remember it is getting up to 4-5% of GDP and THAT is the problem. In addition, just to maintain their current level they require about US$1.2-1.4 Bill EVERY DAY to flow IN. If it is going to flow in then it must give a good return to those who put the money in (the foreigners). That return is fast disappearing and other places look a better place to put money. And how do you get returns? You follow the momentum.
    Just my thoughts. I think gold has momentum.

    Regards
    Desmond
 
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