Sunday, December 26, 2010

The physical gold is the most relieved currency war

"Currency war" ever stronger smell of gunpowder, a large number of countries not issue the national currency, is competing in national currency devaluation. Difficult to predict how things develop, but this situation gave the gold to bring big big plus, because gold has historically been the ultimate means of payment currency is the best tool for hedging the price of gold recently hit record highs, in many species thriving investment .
Marx said: "Money is not the natural gold, natural gold is money." Triggered when the currency of war, the correct understanding of this sentence is particularly important.
Since June, the U.S. economic slowdown, the dollar fell again and again affected. Into September, with the Fed continued to ease monetary policy further suggests, is disorderly depreciation of the dollar, and all non-US currencies into the passive appreciation of the whirlpool. Ultra-low interest rates in developed countries and the market worried about loose monetary policy may lead to currency war, affected the gold prices so far from the end of July in one breath, and reaching new heights, becoming the biggest highlight of the investment market.

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