I suspect agriculture products would give better protection
during the next several years although gold and silver will be good too –
perhaps second best."
he big picture endgame in Europe is that they will also
monetize like in the US
and that will postpone the problem, but it will not solve it
old is overdue for a correction. I own gold and I'm not
selling my gold. Gold has been up 11 years in a row, that's extremely unusual
for any asset. 11 years in a row, without a single down year, so somewhere
along the line, gold is going to have a correction.
Jim rogers: yen > US > gold ( cump 1400, 1500) – 1700 e
Silver is 40% lower top, gold 20%
The euro hovered around $1.3451, having jumped to a one-week
high of $1.3533 on Wednesday after central banks of the United States, euro zone, Canada, Britain,
Japan
and Switzerland
lowered the cost of dollar loans to the banking system.
don't think this is going to be something that's going to
kick off a two-month rally in risk assets unless you see it combined with
something of a more structural nature coming out of the euro zone,"
Beijing cuts bank reserve requirement by 50 bps
, a professor from the Chinese
National Defense
University, said China will not hesitate to protect Iran even with
a third World War..
http://www.zerohedge.com/news/goldman-turns-bearish-squid-releases-top-trades-2012-and-its-not-pretty
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