Pinto there is one underlying fact- The US and European economies have too much leverage- QE 3 or "operation storm" however you want to call it,is just not going to help the fact that the US needs more money and job creation which will cpome at a cost
GOLD is just far safer than any govt bond or currency.
Im still of the belief that GOLD will hit 2000 + by December- FML will get their day in the sun and i personally dont think it is too far away - lots of exposure to their margins will highlight a company that for some years has been hindered because of cost recoveries verses lower gold prices- GOLD currently in correction mode but i suspect will turn back up tonight
I notice that Standard and poors have just downgraded Italy and euro asia markets down
MMM
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- interesting article
interesting article, page-3
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Price($) | Vol. | No. |
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