What is it that gold fears ?


Three basic things .

Inflation , deflation and the fast growing feeling that the USA ( the dollar to be more precise ) is bound to loose its former status of world unavoidable lidership .

And perhaps gold fears could be summarized in the fact that whatever each one believes , there is no one with real knowledge of world economy that believes in a return to stability in the next many years .

Gold is more right than ever before . Or does anybody believe that the american debt at public and private level with a fiscal defficit tending to increase , plus the dramatic loss of competitiveness by american companies , are matters to be solved in a short time and with the type of measures so far displayed by american administration no matter who is winning relections ?

Asia controls already international debt and is the real motor of demand and commodities , and this is something that gold has not yet digested .

Brahmason

Published in: on octubre 18, 2010 at 9:35 am  Dejar un comentario