Super Bull Investor - Intelligence for the Successful Speculator
Information about the economy, investing, stocks and markets.
Author Larry Berman
Posted: 25 June 2012 re-posted from etfcm
The year is 2065 and I just turned 100 years old. The latest EU summit carries the promise of a €20 trillion debt package to save the union. The can has been kick so far down the road of QE and they still don’t get it, but the problem is the alternative solution of writing the debt off (owned largely by pension funds, insurance companies, and banks) would bankrupt the world.
Watch Berman’s Call at 11:30 this morning on BNN;
Adding to the already white hot demand for the yellow metal, the growing chasm between paper and physical gold markets is jumping. At some point, the highly leveraged paper gold markets will have to calibrate to the realities of the physical gold supply demand metrics. http://www.emirates247.com/markets/gold-price-falls-to-1-420-oz-dubai-sees-massive-surge-in-bullion-demand-2013-05-12-1.506109
Blog at WordPress.com. · Theme: Magazine by StudioPress.
