"Optimism raises equities and rising equities create wealth, thereby induces consumer confidence, so rising confidence increases consumer spending, when increased spending spurs more productions and thereby creates more employments, and vice versa."
Monday, September 26, 2011
Gold Could Fall to $1,100
"We overshot on the upside when we went over $1,900," said the fund manager, who has 25 percent of his portfolio in gold. "We're now close to bottoming at $1,500, and if that doesn't hold it could bottom to between $1,100-$1,200."
No comments:
Post a Comment