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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Optimism over gold’s chances could be misplaced

Posted on 19 August 2014

Gold bulls are the economic market equivalent of the apocalypse-fearing survivalists portrayed in the common television show Doomsday Preppers. They buy the yellow metal mainly because of concern that monetary authorities, primarily in the created world, will lose control of inflation and their currencies’ worth through maintaining low interest rates and quantitative easing too lengthy. If the gold bugs are established right, they will prosper though investors in equities and other assets suffer from rampant inflation and serious financial recession.
Possibly a kinder way of searching at gold investment is to say it tends to make sense as lengthy as actual interest prices stay damaging, as is currently the case in much of the Western planet………………………………………..Full Article: Source


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VRS - who has written 37062 posts on Opalesque Commodities Briefing.


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