vivek bhauka

Five Most Promising Emerging Market ETFs for 2009

i feel that the gold prices are all set to become stronger and stronger..may be double from these levels.
the reason is that world over governments are printing money.however they can print money only when its backed by gold reserves for better risk management and public/country confidence.to overcome the present financial crises they believe in printing more money..hence more gold reserve requirement for them.
but gold is a scarce commodity.hence only way to print more money is to increase the price of gold in international markets.this helps everyone especially the governments as they are biggest holders and then can print more money as value of gold reserves lying with them increases.

hence this will go on till there are breakes on printing money like madness.till then gold prices will zoom.however when its over gold will come back crashing down.