gold, page-24059

I used to think like you. There are far bigger forces at play here than whether some auto jobs going offshore (condolences to anyone affected).

When the euro starts the next decline and a whole heap of capital needs to find a home, where do you think it is going to go? Or Japan etc etc. Where do you think spec dollars are going to go if a major conflict starts between major super powers?

We are talking tidal waves of billions possibly trillions looking for a home some of which will make it here.

It's going to AAA rated countries and the ones slightly below. It is going to resource rich countries that provide the raw materials required for major conflicts.

The US dollar index has most likely topped (possibly one more push) and then it is heading back to low 90's where I believe it will stay for quite a while.

This will be positive for gold and therefore gold stocks.

Gold investors will do very well this year IMO.