Gold and China
Arizona gold nugget
China talks down the Gold-Bugs, while continuing to silently buy up commodities and commodity producers with their US Dollars before they become worthless. China talks Gold down, while looking for the next big buying opportunity, where China, India and other countries seek the replacement of the USD as a global central bank reserve currency. The US Dollar will continue to fall due to unending printing….
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Gold … Everyone should put 30% of assets in GOLD!
Thanks for giving your ideas.
Fundamentally, deflation + flight to the US dollar means that its the USD which should continue to rise, while gold will fall. Only when the deflationary pressure subsides {who knows when the fed will stop printing money and bailing out the banks}, and the upward pressure inflation due to the flood of money starts that gold should start moving up.
Australian gold nuggets
2009 was an interesting year as many more small buisnesses failed and defaulted not only on small buisness loans, but realestate loans as well, there maybe a light at the end of the tunnel, but don’t hurt yourself on the obsticals along the way. Lets not forget, inflation is a by product of a recession, as a result the largest gains in precious metals lie ahead!
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