The price of gold has risen consistently for an average of 20% annually for the past few years. There are more to come. This Blog is prepare for "gold bugs" as well as for the ordinary citizens who are looking to safe guard the value of their hard earn money with gold. I will update you from time to time with informative and interesting articles.
Saturday, September 08, 2007
Gold settled at $700
Just checked this morning. Gold price has settled at $700. With the subprime problem and the rumours of China dumping US treasury notes, gold price is bound to rise more. When China dump their reserve in dollars but not converting it to Euros and other paper assets, what will they replace the reserve on??? The answer start with "G" and it beat paper money every single time in history of money.
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