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Thursday, October 7, 2010
GOLD IS GOLD ??
GOLD is not working on its own fundamentals,....its working on the psychic and circumstances views and beliefs created by the people economies govt and traders investors analysts....after everything its just a metal like anyother...that shines and precious still you cant eat it in food crisis...cant put it on if u not having money to spend....you cant live in it even if it booms and there is real estate crisis...lastly you cant spread it from the helicopter like paper currency that ben bernanke wishes to....only thing that takes out an economy from crisis is a good investment...good management....cutting debts and last but not the least...TIME THAT CHANGES EVERYTHING...FUNDAMENTALS,ECONOMIES,FACTORS.......;)
GOLD IS AT 1360$/OUNCE......30$ ABOVE MY TARGET LEVEL....LETS SEE....
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