Tuesday, 26 July 2011

The Dollar is a Mess!

“To me the only thing I watch is how gold, which is the real money today, acts against all currencies.  I think we’ve moved into a situation where if somebody says, ‘Oh look, the dollar is strong and that’s bad for gold’, that’s the most ludicrous comment of all because if the dollar is strong and representing the strongest currency in the world at that moment, that’s the best reason I can think of for owning gold because the dollar is a mess. "

- John Embry, Via a King World News Interview