Mar 9 2011, 12:14 AM
i got trade GOLD and SILVER at the moment, i can tell you that the trend is super duper strong at the moment.
fundamental points
1. All the low interest money will cause all the investment money into commodities especially food, precious metal and oil
2. China's long term plan is to turn their RMB into the next reserve currency, means next time they wont trade using USD anymore, all the prices will be quoted in RMB (this plan already drafted out and will be carried out silently in years to come)
3. US debt ceiling will hit 14.5 trillion within this 2 months, they'll have to change their constitution to raise the debt ceiling
4. US's deficit per year will be about $1trillion per year, interest paid on the debt about $100 billion.
5. QE2 program will be ending this June. You can expect very crazy moves on DOW before JUNE because all the QE2 money is used to drive the stock market up. What if QE2 never continue ? DOW JONES will crash to 6500 instantly. If QE3 comes, you can expect another $600billion magic money appearing in the market
6. Rising oil prices will cause a lot of GDP to lower, rising cost of metal will eat into profits, a lot of country GDP not showing healthy rate, if this continue, GDP will go back to negative, stock prices cannot go up higher because profits wont be good, so stocks wont be going up. If property, stocks, bonds all not working or BEARISH, you think all the money will finally flow into where ?
It'll end up in commodities
Buying Gold As Investment V2, 2011 Gold Rush From Oil Hype
Quote
0.0467sec
0.78
7 queries
GZIP Disabled