Tuesday, October 6, 2009

Precious times and precious metals

People laughed and have forgotten why we are in the mess we are in !!

Where do people park their liquidity?
Remember when people believed treasury bills and USA green backs to be the safest ever? Remember when the US passport ruled above everyone else?

Remember ?!

Those times are long gone.

What you have here are talks abot dethronine the USA. What you have here are collaborative doubts about the US dollar !! The currency used by the world in all tricks and trades have suddenly casted doubt and fear amongst everyone. So what do people do then? After seeing their asset and currency devalue quicker than a fatty devouring his cakesters - the smart people have parked their money in gold !! Golly...

They park their money in precious metals.

No comments: