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Sunday, November 22nd, 2009

Posts Tagged ‘ demand for gold ’

Why Gold Will Soar As Fiat Currencies Crumble

Dec 3rd, 2008 | By David Galland | Category: Gold Market

The short-term path of gold is still unclear says David Galland. But its a good sign that demand for physical gold soars when prices tip towards $750 an ounce. And this threshold is likely to creep upwards as the US dollar loses its worth, and foreign governments convert currency reserves for the precious metal.

Tags: David Galland., demand for gold, dollar reserves, Fiat Currency, FNM, foreign government, FRE, Gold Bullion, gold coins, Gold Prices, government bailout, investing in gold, physical goold, US budget deficit, US debt, US dollar
Posted in Gold Market | 4 comments

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