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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: JHalperin who wrote (40487)12/9/2010 9:17:16 AM
From: Mr.Gogo  Respond to of 78744
 
People are looking for ways to protect themselves from inflation.This is the only reason for the run in precious metals. In 2008 it was still too unclear what is going to happen. But now inflation is a sure thing. I don't know for the US but I can feel bad inflation. Gasoline price is 30% higher. Food is higher. I don't care about the official numbers. Probably most of the people see the same :) I really don't know. In general I am more positive on America than China. Communism is a huge drawback. :)

Georgi