not to sure about a take over.
But I agree mate about the trend with GOLD!!!
Market is spooked about the fiscal cliff
Ive reiterated this point a few times so I hope it makes sense.
There is a currency war with the leading economies where they're devaluing the currency to be more competitive in the global export market ie the need in creating jobs that China have created through there manufacturing industry. But with the US fiscal policy of printing money to stimulate the economy, printing money causes inflation and possibility of "hyper inflation" which will happen if the US can't control this. But the only way to control inflation is by increasing the interest rates but there all virtually at 0% and can't increase because there will be another series of devastating defaults which would create GFC 2 which the US government will clearly try and avoid.
Therefore the US will not shy away from inflation or hyper inflation if it means creating jobs, the US wants to increase double exports in the next few years. Though investors will turn to gold not matter what barriers/tax threat hikes the US government does, gold will simply soar as a safe haven against inflation as the US dollar become worthless.
Its just a prediction but all the indicators are there for.
Just read the business spectator which in my opinion the best indicators.
Article 1
http://www.businessspectator.com.au/bs.nsf/Article/Australia-US-currency-war-interest-rates-terms-of--pd20121219-34RPW?OpenDocument&emcontent_Kohler
Article 2
http://www.businessspectator.com.au/bs.nsf/Article/Australia-US-currency-war-interest-rates-terms-of--pd20121219-34RPW?OpenDocument&emcontent_Kohler
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- nst ticks all boxes in attached commentary
not to sure about a take over.But I agree mate about the trend...
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$14.73 |
Change
0.210(1.45%) |
Mkt cap ! $16.92B |
Open | High | Low | Value | Volume |
$14.56 | $14.80 | $14.54 | $63.61M | 4.321M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 25972 | $14.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.79 | 3840 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 14.620 |
1 | 156 | 14.510 |
2 | 245 | 14.500 |
1 | 69 | 14.490 |
1 | 71 | 14.450 |
Price($) | Vol. | No. |
---|---|---|
14.810 | 660 | 1 |
14.830 | 5000 | 1 |
14.850 | 1200 | 2 |
14.870 | 1 | 1 |
14.890 | 223 | 1 |
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