ZLATO – cíti príchod niečoho negatívneho?

Pravdepodobne globálna likvidita je podstatne väčšia, než si uvedomujeme. Možno sa svet vzdáva dolára ako rezervnej meny, alebo potichu prichádzajú veľké geopolitické problémy...

"It wasn't that long ago -- in late 2003, to be exact -- when we were bumping up against the $400 ceiling in gold; and now we've barreled through $800," says Brien Lundin.


Although he remains cautious on the near-term outlook -- and indeed, forecasts a correction from current levels -- he suggests, "Perhaps the reasons behind gold's rally don't matter -- and we need only consider the fact that it is rallying."


From a long-term perspective, he suggests, "The very fact that gold is rallying so strongly is telling us something about the geopolitical, economic, and/or investing scene. Does gold know something we don't?"

global liquidity

The gold and resource investing expert suggests, "Perhaps it's telling us that global liquidity is far deeper than we can yet understand. Maybe it's telling us that the worldwide move away from the dollar as a reserve currency is accelerating behind the scenes.


"Perhaps it's indicating that economic growth in Asia will continue, and is capable of thriving without the support of Western consumer demand.... Maybe gold is foreshadowing a geopolitical blow-up.


"Perhaps the metal is whispering that the housing crunch, with peaks in adjustable rate mortgage resets coming at the end of the year, will become worse than anyone yet fears. Or perhaps that there is some still unseen derivative or other economic crisis about to erupt.


In my view, this run in gold may be telling us something very important about the economy, the markets and the world around us.The answer will come in time."


Zdroj: www.bloggingstocks.com

10.11.2007

"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value."   Alan Greenspan