GOLD 0.51% $1,391.7 gold futures

swiss peg frac to euro, page-13

  1. 428 Posts.
    It's a bit like a game of safe haven musical chairs. Today the Swiss haven has been taken away and it's only a matter of time until the penny drops on US bonds. That's when $3500 gold becomes possible, IMO.

    But I don't think gold is the only play on this trend. All commodities should benefit, IMO. I like how Jim Rodgers puts it, "anything that hurts if it drops on your foot" should appreciate in monetary terms. He likes gold, silver and agricultural products.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.