13 Reasons For Gold's Major Breakout
In simple English, THEY HAVE ABSOLUTELY NO IDEA WHY GOLD IS RISING. The faceless 'THEY' had no idea in 2002 and 'THEY' have no idea now. The main fallback factor 'THEY' turn to is a hedge against price inflation, the basic kindergarten concept. Wall Street is too busy building leveraged contraptions and forging collusions to bother with gold comprehension. Those who are aware in the Mainstream are dead silent as to why gold rises, since they realize their world is to vanish.
Proposals aim to stop repeat of global crisis
It is never too early to fear inflation?
By Clive Crook
Published: September 13 2009 19:52 | Last updated: September 13 2009 19:52
Given how big a role the transportation industry plays in the global economy, many marketwatchers have been keying in on indicators that gauge activity in the sector to try and get a handle on which way the economic winds are blowing.
As the following chart shows, after rebounding from its May-December 2008 crash lows, the BDI has given back more than 40 percent since it hit an interim peak in June. That suggests the recovery many equity traders and economists see on the horizon is actually disappearing into the sunset.
Gold’s recent push above $1,000 an ounce is finally catching Wall Street’s attention. And yet many of the talking heads on TV still rush to say that gold is not a good long-term investment, that it’s ...[More ...]
The Chinese government is buying gold like mad but will it continue? ABSOLUTELY and I'll show you this week what the Chinese government is doing behind the scenes, a safe harbor currency fund that ...[More ...]