Monday, March 28, 2016

Why Gold can beat Currencies around the world including US Dollar

Gold vs US Dollar and other currencies

I don't understand why the world is so enthusiastic about the US Dollar. I think in the long run will be a weak currency. I think the most desirable currency will be gold, silver, platinum and palladium. I still think the mining sector has embarked on a new bull market. 


I think that in Asia, the sentiment turned very bearish at the end of last year and especially concerning China and the Chinese economy. And as a result of that, Macau gaming companies got slaughtered.

I don't think it's a bargain by any means, but I believe that China despite its near-term problems that could be very substantial, will in the long run be a rewarding investment destination.