Gold has touched a new nominal high of $1035 per ounce (futures) this AM. Now this price move is not about inflation – yet. We are not necessarily inflating out of the debacle. It is instead the very beginnings of a global move to diversify away from the dollar. It is all about gold’s role as the ultimate currency haven. Inflation may or may not come later – but it is not here at present. Gold is going much higher – you must own a core position….full analysis HERE.
Crisis: Panic Attack
Posted by Michael Berry , Ph.D. - Discovery Notes
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