Ride the Tiger with CD Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robnhood who wrote (174014)	9/6/2009 1:38:55 PM
From: Proud Deplorable	Read Replies (1) of 312886

Many investors still regard gold as an effective hedge against volatile currency trading and see it as a safe haven, and valuable inflation-hedging instrument, during times of recession. Indeed, this has been one of the main drivers in the Chinese market, which has seen increased numbers of consumers buying 24k gold jewellery. Little surprise then that gold prices have risen above $900 an ounce, compared with a low of $680 last October. The Chinese have new liberal policies as regards to owning gold and are encouraging its citizens to start owning it. The shit is not going to hit the fan at all because it isn't a currency play as it was just a little while ago. Of course the USD going down will help as well but gold is now in short supply and the demand is rising in China, the worlds biggest gold producer. I think its just critical mass be reached on all fronts. I see no reason for gold to fall in a big way ever again. Gold is a necessity for a number of reasons.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next