Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich

Thursday, April 19, 2012

Rosenberg Daily - Gold

The bull market in gold (it has soared six-fold since 2001) will not end until central bank begin to raise interest rates and do it sufficiently to lift them into positive territory in real terms. That in turn will only occur in the next organic credit creation cycle, which is likely at least four or five years away.
---Vitus:  Gold up 5% YTD - albeit with some serious volatility.

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