So where are the hot emerging markets now? Is China still an “emerging” market? Many analysts agree that Russia is still a wild card. Besides, Russia’s economy is still solely oil-based. Brazil’s rich array of resources and growing middle class certainly keeps it hot, but for many, India is the best of the BRICs.
Of the [...]
October 8, 2009 · 2 comments
in US debt, US dollar, central banks, currencies, forex, gold, hyperinflation, inflation, international economy, money supply, precious metals, world reserve currency
Gold has broke through some of its all-time highs today, October 7, 2009, reaching as much as $1043/oz. But that is not the end of the excitement for all the gold bugs and other lovers and investors in the yellow metal. Gold might be making a comeback as a contender for one of several currencies [...]
