2 Reasons to be Bullish on Gold

by alexoscarew | December 28, 2012 at 01:41 am
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http://1goldinvestment.com/2-reasons-to-be-bullish-on-gold/

2 Reasons to be Bullish on Gold

Just some random gold thoughts here via David Rosenberg’s 2013 outlook:

Gold is also a hedge against financial instability and when the world is awash with over $200 trillion of household, corporate and government liabilities, deflation works against debt servicing capabilities and calls into question the integrity of the global financial system.

This is why gold has so much allure today. It is a reflection of investor concern over the monetary stability, and Ben Bernanke and other central bankers only have to step on the printing presses whereas gold miners have to drill over two miles into the ground (gold production is lower today than it was a decade ago – hardly the same can be said for fiat currency).

Read more: http://1goldinvestment.com/2-reasons-to-be-bullish-on-gold/

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