Posts Tagged ‘inflation’
stockpicker2010 asked:
I believe it is.
But now that we have a new Chairman of the Federal Reseerve Board, the practice of using (illegal) Gold Swaps with foreign countries is going to stop and gold prices will fall in line with historical action.
Coupled with rising inflation and US interest rates, the nominal price of gold will rise to over $2000 an ounce.
Assuming all of the above is true and the spot price of gold will reach its peak in May of 2008, what is the best way to make as much money as possible with the least risk?
I believe it is.
But now that we have a new Chairman of the Federal Reseerve Board, the practice of using (illegal) Gold Swaps with foreign countries is going to stop and gold prices will fall in line with historical action.
Coupled with rising inflation and US interest rates, the nominal price of gold will rise to over $2000 an ounce.
Assuming all of the above is true and the spot price of gold will reach its peak in May of 2008, what is the best way to make as much money as possible with the least risk?
