My Gold Gurus Think Budget Cuts Unlikely, Predict Lower Dollar, Higher Gold
- Friday, April 22, 2011, 2:22
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My gold gurus weighed in this morning with the compelling notion that gold hit $1500 and silver $43 not only because the dollar is losing its grasp as the global reserve currency– but because the budget battle may not end in radical austerity after all.
http://blogs.forbes.com/robertlenzner/2011/04/21/buy-gold-and-silver-as-fiscal-entrenchment-not-a-certainty/