Misinterpretation of Gold Lease Rates and Why Gold Could Rise [View article]
Lets not forget that Merrill has predicted that gold should hit $1,500 within the next few years. I will state that I am a bull on gold. Why? From Econ 101, I know that with a substantial increase in the money supply.. will result in inflationary pressures. With inflation our current fiat currency will be worth less and less. We will continue to experience uncertainty in our economy? Where will people go? To gold, not only to preserve wealth but to preserve one's mental state of being.
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Lets not forget that Merrill has predicted that gold should hit $1,500 within the next few years. I will state that I am a bull on gold. Why? From Econ 101, I know that with a substantial increase in the money supply.. will result in inflationary pressures. With inflation our current fiat currency will be worth less and less. We will continue to experience uncertainty in our economy? Where will people go? To gold, not only to preserve wealth but to preserve one's mental state of being.
Oct 20 14:36 pm
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