Posts by "lucky"

yes gold and silver

Much of that demand is reportedly coming from Germany, where the memory of hyperinflation between the two world wars continues to significantly influence thinking.

The price of gold is at an all-time high, with demand at its highest level since the collapse of Lehman Brothers.

UBS said demand for gold coins is so high that supply is struggling to match demand and gold producers are ramping up production of coins to cash in on fears over rising inflation.

Gold is currently benefiting from the belief that central banks cannot raise rates, said Monica Fan, senior currency product engineer at State Street Global Advisors.

Politically it would be very unpalatable to raise rates raising fears over inflation," Fan said. "With so much uncertainty out there gold has become a de-facto currency. cnbc

so far people are still going short hedge funds will continue long long long

asad good luck oil will make it i know now the new range is 75-85 ! where have you been man

when condition is bad for euro these fool jc trichet will be in to settle but now he is the one putting oil on the fire since thursday since he is denying any bond buying gl