major economies should read opting a modified gold standard overall, according to Robert Zoellick, the president of the World Bank. Wow, put this guest commentary from the World Bank president last weekend by the Financial Times on our heels! If you remember it was September 9th of this year announced that it had a gold coin would be the decade, an important trend in the next. Of course, most people carry these words, or even the idea of far away from conventional thinking,Listen to the World Bank president, who recommended the G-20, to look seriously at their next meeting was quite shocking to say the least.
Now, with all due respect to the President of the World Bank, the verbal altercation with the G-20 would be historic, but the real debate is in full swing. China, Russia and other emerging countries buy gold by the ton, literally. In fact, as mentioned in our opinion, Gold Trend 1980 vs Today, in Malaysia, an Islamic privateCurrency was introduced in the market. Its use in daily transactions of contractors, taxi drivers and the selection of other gold and silver as the official government made money. Gold has recently risen to record levels as global investors safe from a war currency pending.
Last week we saw Ben Bernanke ready to bring a bazooka with Federal Reserve notes, filled the QE2 down foreign exchange markets. This is alsodirectly to a mainstream asset managers, Shayne McGuire, expected to see gold hit $ 10,000 per ounce. Mr. McGuire is a 330-dollar-gold portfolio million € of teacher retirement system of Texas. That's right, this is not James Turk makes this prediction, this is a pension fund manager. Of course, since making that call was much derided by the mainstream media and analysts on Wall Street, but in our opinion, ridiculed by the mainstreamMedia reinforces our confidence in its forecast. If there is a trend that remains constant is that conventional wisdom is almost always dead wrong.
In any case, all good news especially for the smart money is investing in future trends.
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