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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (41649)	9/9/2011 3:58:46 PM
From: Real Man	Respond to of 71445

Not at all.

To: carranza2 who wrote (41649)	9/11/2011 3:42:22 PM
From: Real Man	2 Recommendations Read Replies (4) \| Respond to of 71445

Au has a dual mandate. One is a commodity, the other is debt free money that can't be devalued. The commodity side will get hit, but the Monetary side is already dominating the market. One can think of it as ZIRP TIPS with ZERO sovereign default probability. It should go up. Commodity side and the PPT can still mess with the gold market, but gold sure trades like money lately! Those who don't appreciate the monetary nature of gold will be quick to label what's going on in the gold market a bubble. The simple truth - gold yield (inflation) and safety are better than treasuries.