7
July
Gold set to shine as dollar flood fuels double-dip recession (GC in Telegraph)
7 July 2010 The Telegraph
More than 50 per cent of America’s money supply has been created in just four years, according to an eminent economist, leading gold bugs to argue that marginal softening in bullion prices represents a buying opportunity.
They claim American and other governments’ economic policies must reduce the real value or purchasing power of paper money at the same time as global shipping indicators suggest we are heading into a double-dip recession that would hit shareholders and bondholders.
