Gold will open in Asia above $1150/oz and demand is showing no signs of slacking off. Big hedge fund players like John Paulson have been getting serious about gold and he reportedly now holds over $3 billion worth of gold-related investments. When we sit back and consider the amount of gold in circulation relative to the amonut of ‘paper’ which has been created over the last 10 years, then we start to get a feel for why the price is unlikely to stop rising anytime soon.
If you have complete faith in your government and your bankers to do what is right for the local and worldwide communities, then you will see no need whatsoever to jump on this bandwagon. If on the other hand…