Daily Times - Leading News Resource of Pakistan The article is talking about how gold is still rising after 10 straight quarterly reports. The Dollar is declining.
If the dollar was backed by something less fluid, like gold, maybe it would be doing the same thing gold is and rise in value. Right now the dollar is backed by air, a complete promise that it's worth something. With the US in a tricky budget and debt situation, there's no surprise the dollar is on decline.
I think gold is a more reliable way of holding your wealth. The dollar seems to fluctuate too much and recently has been dropping steadily. Gold is currently at a stable price and there is a limited amount of it; meanwhile the dollar has been reprinted so much that inflation and the devaluation of the dollar has occurred
Yep. holding onto gold instead of dollar bills is a previllege. Too bad the gold standard is no more. But you can still buy gold!
