Friday, May 14, 2010

The End of the Gold Bull Market

The Guvnor's Casey Research report on the current gold market, which is worth a read. Also helpful for those who want to find out how to hold gold.

Casey suggest a personal gold-holding level of around 30%, and recommend ways in you should achieve this.

Obviously, being a Junior Mogambo Ranger, I have my own opinions on the subject, but it's always worth keeping up with other more professional thoughts.

Incidentally, they talk about the LibCon pact, and on how this Glorious Revolution government is going to attempt a massive cut of £8bn pounds in George Osborne's first 'emergency' budget.

(Some revolution.)

Yes, only borrowing £154bn this year, rather than borrowing £162bn, is going to make all the difference. (If they can even achieve that much.)

AngloAustrian prediction: The British government will this year (attempt to) borrow at least £200bn, rather than a measly £154bn. This rise in borrowing will in part be caused by the planned British government tax rises, which will throw even more people out of work, who will then turn to government welfare, hence 'requiring' the government 'stabiliser' of even more borrowing.

Ah, it's all fun fun fun attempting to navigate the tiny mind of Dave's mate, the preposterously dim George Osborne.

8 comments:

Linen shirts for men said...

It’s good to see this information in your post, i was looking the same but there was not any proper resource, thanx now i have the link which i was looking for my research.

SEO said...

A very nice post it is. I have been seeking this type of knowledge for a long time and by posting this article you have made my work so much easier. This site always gives me outstanding knowledge
lehenga sarees online

Unknown said...

A very nice post it is. I have been seeking this type of knowledge for a long time and by posting this article you have made my work so much easier. This site always gives me outstanding knowledgeMens indian wedding outfit

electrical control panel suppliers said...

A very nice post it is. I have been seeking this type of knowledge for a long time and by posting this article you have made my work so much easier. This site always gives me outstanding knowledge

arts courses said...

A very nice post it is. I have been seeking this type of knowledge for a long time and by posting this article you have made my work so much easier. This site always gives me outstanding knowledge

SEO said...

Hi there might I reference some of the insight here in this blog site if I reference you with a link back again on your site?
saree blouse

SEO said...

your raise my mind to read your blog and now i thanks you also for signing me here and i hope you do visit my web thanks..
web design baroda

SEO said...

Very informative and helpful. I was searching for this information but there are very limited resources. Thank you for providing this information
electrical control panel manufacturers