I personally expect gold to lag other asset classes over the next year or two (the exception would be a double-dip recession) as the economic recovery gains traction, the dollar strengthens and the unemployment rate moves lower. If we’re to have another spike in gold prices, it will come in 2012 or beyond and be the result of rising inflationary pressures combined with a gold net supply deficit.
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HAPPY 4th of JULY
Many worry about the similarities between current policies of President Barack Obama and Fed Chairman Ben Bernanke and those of the Rooseveltian 1930s and the Carteresque 1970s. They believe we’re following a similar script as governments try to inflate their way out of an untenable position brought on by excessive credit creation, runaway budget deficits and a looming demographic problem in the developed world. read more…
Arizona gold prospecting just north of Yuma Arizona. Old gold mine and claim markers are shown.
For that someone special, give a real unique gold nugget. We have a large selection at: Arizona gold prospecting
Gold Detecting -- Gold Metal Detecting. The basic use of a metal detector in the Arizona gold fields.
The detector is the Whites TDI and it has a 14″ Advantage mono coil. This is Whites top of the line gold detector.
To real gold nuggets for sale, visit: Gold Nugget prospecting
Why you should consider owning gold:
The modern European welfare state has proven unsustainable. From Greece to Britain, from France to Portugal, European countries are slashing social welfare benefits, raising the retirement age and dismantling government bureaucracies. Yet, even as Europe is learning that you can’t forever rob Peter in order to pay Paul, the U.S. is racing to transform itself into a copy of the failing European model.









