Yea I can't believe idea no 2 either. If anything I think US dollar has run its course and the world needs to tie GDP back to a standard; gold would seem the obvious choice.
And despite China's ambitions to have the yuan replace the US dollar, a gold standard would suit Beijing as well considering the amount of gold they have been officially and unofficially accumulating over the last few years.
Lots of things point to a positive upside to the price of gold yet it remains flat?? I guess with bumbling Ben Bernanke at the helm nothing is going to change.
I think risk appetite has disappeared and many good companies with no or little debt, recurring revenues and bright futures are having share prices determined by people trading in small volumes and not letting prices run.
Cheers
GLB
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Yea I can't believe idea no 2 either. If anything I think US...
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