News on Gold

Dow/Gold & Summer Doldrums

by Gold Editor on August 10, 2010

Dow/Gold & Summer Doldrums

Richard (Rick) Mills
Ahead of the Herd

As a general rule, the most successful man in life is the man who has the best information
Central banks money printing is out of control. The constant printing of all the world’s currencies is just another way for countries to default on their debt – the repayment of a creditor occurs using a currency whose purchasing power has been reduced. Gold’s price will continue, has to continue, too rise in value against all depreciating paper currencies

For equity investors and speculators alike history shows us, time and again, the greatest leverage to gold’s rising price is owning gold exploration/development junior mining stocks. Will mainstream investors eventually catch on to the fact they need to own gold and to own gold shares?

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