"For some time now we have been seeing relentless
demand for physical gold, and that only makes sense. The world is awash in US
dollars and most people recognize there is no solution to the US financial
problems. I think physical demand will eventually decide the match and it’s
going to lead to much higher prices.
So after the election is over, the President is going
to have to confront some very serious problems coming up to this fiscal cliff,
and it could be quite disruptive. As the US tries to deal with the fiscal
cliff, that will be very supportive of higher gold prices..."
No comments:
Post a Comment