Case For Higher Spot Gold
2010 January 6
pyrite
As long as the Fed and the Obama administration continue to inflate the money supply (cheapening the dollar) gold will continue to rise and rise. It is not as much an industrial metal like silver but more of a holder of value and the dollar does not have much value any more. It has been this way since the Obama administration and the FED conspired to monetize debt at the expense of the American people. meteorites
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It can’t go that far. We’ve seen points in history when the dollar was so inflated that some people would set it on fire and it wouldn’t make a dent in the ditch they were in already.
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