80% Gold, 10% U.S. Dollars, 10% Canadian Dollars → Washingtons Blog
80% Gold, 10% U.S. Dollars, 10% Canadian Dollars - Washingtons Blog

Saturday, May 15, 2010

80% Gold, 10% U.S. Dollars, 10% Canadian Dollars


Gerald Celente is a pretty smart guy. He has been a leading trend forecaster for decades.

Celente said in an interview last week that he is personally holding 80% gold, 10% U.S. dollars, and 10% Canadian dollars.

Celente has been a gold bug for years. And he explained that U.S. and Canadian dollars tend to move inversely, so they act as a hedge against one another.

2 comments:

  1. You really need to remove this filtering of comments or you will never build a community. Let it be.

    ReplyDelete
  2. http://www.youtube.com/watch?v=66y2bxydu9I
    .
    gerard celente ... recent,
    and i saw that barge post, better
    second thought but it made me think
    about the main objective, that being to
    repair the structure of extraction
    extant and not to stop the leaking.
    "bang for buck". as they could stop the
    leak today but would lose the casing, 3 miles.
    i imagine it would be relatively easy to
    collapse the casing given the state of modern
    weaponry.
    they prefer to keep the casing and risk more leaking in hopes of recovering the thing. this
    seems logical to me, limited knowledge of the
    details. i wish them the best of luck and fortune in containing it as profitably as
    humanly possible, given their apparent priorities.

    ReplyDelete

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