My investment mentor send me a post which I think I should posted it here for education purposes.
Picture Source : here.
Tight Credit = Higher Gold
The evolving metamorphosis underway in world financial markets is nothing more than the global re-allocation of available cash. The artificial liquidity created by government counterfeiting and accompanying facile lending policies is/was unsustainable, and the collapse of the sub prime mortgage business is merely the first symptom in what will continue to reorder the economic universe.
Does this sounds Greek to you ? It is alright to think so, I was zero about gold investment 5 years ago.Now I started to see the light on this statement by J.P Morgan :
In the words of J.P. Morgan,
"Gold is money. That's it."
If you are interested, here.