Politics

We are Confident the Bull Market in Gold is Not Over

By Bill Bonner / The Daily Reckoning
Gold rose $3 yesterday...climbing back towards $900. Many gold investors are worried that the end of the Fed's rate cuts also means the end of gold's bull market - at least for the near term. We don't think so. Rate cuts, more loans, rebate checks, money supply increases - it all adds up to higher rates of inflation. And there's no Paul Volcker on the horizon to stop it.
Click Here For The Full Story......

Posted by Editor at May 8, 2008 04:02 AM