The price of gold has gone up over 400% in the last ten years. As governments around the globe continue to prop up and bailout everything they can, this will eventually lead to terrible inflation which will greatly benefit gold and could destroy the purchasing power of paper currencies. Gold and other precious metals have been "insurance" against monetary devaluations throughout history.
Saturday, June 05, 2010
Posted by GoldenTicker.com at 4:57 PM
Labels: gold bullion stocks stock market bull bear silver precious metals