Tuesday, February 24, 2009

Gold is a currency, not a commodity!

via Gold Prices Today

The world gold market price is hovering at $1000 per ounce of gold.  Many investors are concerned about the equity markets and the currency market.  In times of financial uncertainty the world gold market price tends to increase due to investors wanting to protect their assets from currency devaluation and inflation.

One of the leading experts on the world gold market price is Jim Sinclair.  Here is a great interview with Jim Sinclair on Bloomberg News regarding the world gold market price and the need for returning to the gold standard.

Here is the Jim Sinclair interview on Jim Bloomberg News.  I hope you enjoy Jim Sinclair’s opinion on the price of gold and the gold market in general.


1 comment:

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