Kamis, 13 Mei 2010

Bianco on Gold: And Now for Something Completely Different....

Jim Bianco noted upon Bloomberg radio this afternoon which gold has reached new highs in all major currencies this week, with a most recent tall in a Swiss franc, for a initial time in over thirty years.The reason for this is a pour out from, or a revulsion towards, paper assets. Gold is right away a 'anti-paper' currency, particularly in mainland Middle East and Europe.What is ironic is which I told a
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