Sat, Nov 22, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Currencies more

Gold and the evolution of the dollar

Posted on 31 October 2013

As more and more liquidity is pumped into the global financial system, so gold bugs have become increasingly vocal about the precious metals monetary properties and the importance of hard assets.
And, for good reason, they argue, the metal has been used as a monetary asset for centuries. But, while it remains a medium of exchange in some places, currently world’s reserve currency is the US dollar. And, any view of gold’s long-term prospects must take account of the outlook for the US dollar……………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 38089 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
November 2014
S M T W T F S
« Oct    
 1
2345678
9101112131415
16171819202122
23242526272829
30