"The US Federal Reserve's policy of printing money to buy Treasury debt threatens to set off a serious decline of the dollar and compel China to redesign its foreign reserve policy, according to a top member of the Communist hierarchy...The comments suggest that China has become the driving force in the gold market and can be counted on to buy whenever there is a price dip, putting a floor under any correction"
China Buys While Banana Ben Fiddles
Remember, the ONLY way to own gold is to either buy it and hold it yourself, or through an invesment fund that verifies physical custody. GLD, IAU, SLV, SIVR and many others do not provide verified custody - they are potentially fraudulent gold and silver leasing operations. This is not something to take risks with.
Monday, September 7, 2009
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment