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Saturday, May 01, 2010

Thursday morning we saw a slight pull back for the price of gold, the decline was caused by Greek finances. This has also put investors at risk due to Greeks deepening debt crisis and their anxiety increases when it comes to risk in the market. Their main concern is Greece's ability to solve their financial obligations which has been the speculated main cause of the dollar lift, and the decline in the euro.

I guess we all know when dollars go up, gold prices sink and vice versa. On the contrary, gold as expected to rebound, is considered a successful method of preserving your money in solid rather than in just paper! So, its never too late to buy gold bullion and keep your money safe.

1 Comment:

  1. bluedreamer27 said...
    that nice! ^_^

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