Wednesday, November 18, 2009

What gold price is telling us

Looking at gold future price, I have become more worried about the US dollar lately. Are we going to have 1971-collapse of US dollar again? The sharp drop of US dollar and China potentially losing a huge chunk of its foreign reserve value remain to be the biggest risk in the system.

Guess I need to be more imaginative in this wildly uncertain world.

(click to enlarge)
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