GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Monday, November 21, 2011

How to buy this Gold selloff

Gold prices slipping on Monday as the super committee in Washington fails to come up with 1 trillion dollars deficit cut and as the borrowing costs in Spain soar , Phil Streible, senior market strategist at R.J. O'Brien, breaks down what's moving gold and how to buy the selloff.some investors are coming out of gold in order to raise cash says Phil , If the ECB decides to monetize their debt you are going to see Euro currency decline the US dollar index rally and then Gold and the dollars turns may be under pressure , the gold is caught here between DC politics and the Eurozone politics

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