November 9, 2010
in 2010, China, Federal Reserve, GoldMoney, US debt, USD, World Bank, bubble, bull market, central banks, commodities, currencies, debt, economy, forecasts, forex, fundamentals, gold, hedging, hyperinflation, inflation, international economy, market reports, market trends, metals, precious metals, risk, silver, stimulus, world order, world reserve currency
And none of them are likely to happen in any conceivable near-term time frame.
Gold is sitting pretty now above $1400/oz following the World Bank’s suggestion of a return to the gold standard – and it’s inevitably already drawing out commentators from the woodwork who want to talk about how overvalued gold is and the fact [...]
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It wasn’t surprising at $1000/oz, but even at $1100/oz this week, the naysayers are still in full force. What’s to deny about the trend in gold prices? You don’t have to be a gold bug to see what’s happening.
Here are the six main factors causing the price of gold to continue to rise. In some [...]
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