Monday, October 27, 2008

By Default, Gold Will Soon Be Higher

Along with China and Taiwan, Russian Prime Minister Vladimir Putin (in a story in warned against buying US dollars on Wednesday as the ruble fell to its lowest level in two years against the currency. "It's a dubious business. It's not clear what will happen to the dollar," Putin said. He, and his Chinese peers, are absolutely correct. That's why you should be buying all the physical gold and silver you can get your hands on. This gift from JPMorgan and HSBC isn't going to last much longer.

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