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SPDR Gold Shares Message Board

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  • pjw1857 pjw1857 Dec 6, 2009 12:29 PM Flag

    Open Message to Gold's Bashers


    The dollar strengthened because of a bogus Jobs Report and the Chinese have a good reason to bash Gold (they didn't want to buy it when it broke $1K - now their dollar reserves have lost value over the same period and they are upset). So what exactly does that prove? "Deflation could be back by next year" - so you are expecting another leg down then? Who says I'm in gold for an inflation hedge?We all have different reasons for holding Gold as investment or otherwise.

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