The Gold Prices Newsletter |
Happy Christmas and a Precious Metals New Year Posted: 20 Dec 2008 07:34 PM PST Team, Its been a tough old year for metals and mining bugs with the start of 2008 shaping up so well only to run aground in the straits of de-leveraging. Hopefully the flight to cash is now behind us and the real rate of return on cash deposits is negative so sooner or later investors will get their heads up and look for a better bang for their buck. They will also recognise that their political masters are diluting all currencies, as financial stimuli is the order of the day. Holding currencies adds up to a slow death if investors stick with paper long enough. As we go forward savvy investors will be looking to escape the clutches of government and the organised theft of their wealth. The precious metals sector offers a lifeline in that they cannot be printed by anyone and therefore offers a relatively safe harbour in which to drop anchor (more…) Related on Gold Prices: Also See: |
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