Tuesday, August 23, 2011

A RATHER DIFFERENT TYPE OF GOLD RUSH HAS BROKEN-OUT IN THE USA

Arather different type of gold rush has broken-out in the USA, due to the country's worsening economic prospects. The most wealthy first class and the relatively wealthier lower first class and upper second class citizens rush for the protection of their wealth has changed from Bonds, or the Stock Exchange Markets that previously had readjusted the inflation on their shares and securely protect their wealth to the investment in gold by much purchase of the precious mineral. The more purchase of gold being made by many wealthy Americans, particularly those in the Bonds, or the Stock Exchange Markets businesses and other lucrative businesses, the less the impact of inflation, recession and currency devaluation on their wealth which certainly will minimize the USA firms, businesses and citizens dependency on harder currencies and their continuous purchase, which eventually will dominate other world currencies in the hardest currency and frequency rate in transaction to be the best replacement for the USA dollar as the world's reserve currency.

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