Tuesday, January 11, 2011

Billionaires Rushing into The Gold Bull Market

Billionaire Stampede Into Gold & Silver Has Begun

Billionaires started Rushing into The Gold Bull Market according to gold and silver expert Mike Maloney, The gold and silver markets are tiny compared to stocks and bonds. Be ready for huge movements in price as more and more large investors sell their paper assets and join this rally, the greatest gold and silver bull market in history.


These ultra rich are like falling dominoes now, we are hearing of more of them going hard into metals. Pft!! Talk about gate crashers coming late to the party! Seems like the Global Financial System is about to figuratively....explode? Well....maybe at the very least....spring a leak ? lol Maybe they can patch it up with some precious metal ?

Good Time to Buy the Aussie?

Jan. 11 2011 | A combination of risk aversion and worsening floods will put further pressure on the Aussie, says Mitul Kotecha, head of global FX strategy at Credit Agricole CIB. He tells CNBC's Chloe Cho, Rebecca Meehan and Yousef Gamal El-Din that investors should consider buying into the currency when it falls to $0.96-$0.97.


Oil Spill Report Rekindles Push for Reform

Democrats in Congress pledged Tuesday to push for tougher regulation of offshore drilling and to make oil companies more financially responsible for spills, steps a presidential panel says are necessary to prevent another catastrophic blowout. (Jan. 11)
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