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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Land Shark who wrote (25587)8/23/2011 1:38:42 PM
From: GST2 Recommendations  Respond to of 29622
 
<When will the insanity stop?> What happens when global financial markets are flooded by a surge in the quantity of the global reserve currency? Rates are low in the US as a consequence, but inflation is soaring elsewhere -- and who do they blame for their inflation? The US Fed. So what can they do? They can raise rates, but in a global market that just fuels a new carry trade and tanks the dollar. The US is 'enjoying' low rates now at the expense of the dollar -- and the exit strategy? For the US there is no exit strategy, other than to hope to be able to leave town before it all goes terribly wrong. Gold is now emerging as the global exit strategy for those who want out of the US created mess right now.



To: Land Shark who wrote (25587)8/23/2011 6:14:10 PM
From: Paxb2u  Read Replies (2) | Respond to of 29622
 
Well ya know, that the demand isn't from any one with any common sense, so that means Govts and bankers