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Loan Modification

: Mortgage Lender Implode-o-Meter

GOLD ENTERING A VIRTUOUS CIRCLE

By Implode-Explode Heavy Industries

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``Gold and gold mining shares were an average of around 25% of world financial asset between 1921 and 1981. Today, gold and mining shares are only 0.9% of world financial assets. If gold and mining shares were to go to 25% of financial assets, gold would go to over $31,000. But even if we assume that world financial asset would go down by 2/3rds from here that would put gold at over $10,000. ''

Full post as published by Mortgage Lender Implode-o-Meter on September 06, 2010 (boomark / email).

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