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Tuesday, February 16, 2010

eurozone is a euromess

The eurozone is a euromess. Problems are not over, but will become far worse. It is not just greece. Also in trouble are italy, portugal and spain. Back in 2005 I told people to buy bullion as in physical gold and hold metals most precious. The debunkers laughed and said gold which was then $400/oz would fall to $200/oz. Well, here we are. It is now 2010 and gold has nearly tripled in price. Today it is over $1100/oz and rising. I told people that gold was a haven most safe and secure. A lot better than paper. Of that you can be sure. The future price of gold is much higher than now.