The massive amount of stimulus that has flooded the system is set to translate into higher inflation. And rising inflation is gold’s best friend. But what exactly seems to be happening here? Dump your gold and lick your wounds. Don’t do it in private though. There are lots of folks out there in a [...]
Gold Investing News reports gold prices fell slightly with the huge US stimulus package. Gold fell for a third straight day after US policy makers reassured investors that the economy would recover from the recession. “People have been buying gold on economic Armageddon, so to see Obama and Bernanke paint a rosier picture, I’m not [...]
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