GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Thursday, May 19, 2011

Gold strong fundamentals Driving Demand

"Since the start of this bull run in 2002 it's been an orderly rise in price, I don't think we can argue that it's not reacted properly to the world situation," says Marcus Grubb, managing director investment at the World Gold Council told CNBC. , the dollar is now a derivative with no under layer , thefear of sovereign debt default and inflation will keep driving gold prices higher




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

1 comment:

  1. Fact: Compare the paper dollar vs gold: In 1913 - $1 bought you 20 loaves of bread and in 2010 that same $1 bought you 3/4 of a loaf of bread. Yet, on the other hand, a gram of gold in 1913 bought you 13 loaves of bread and in 2010 the same gram of gold bought you 31 loaves of bread. "Which do you want?

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