Crude Oil, Natural Gas Gold, Copper speculative bubble is about to explode some experts warn Gold’s long-term rally may be reaching an end
Gold price has increase 9.3 percent this year, heading for a ninth annual gain, caused by the investors fear of an hyperinflation scenario and the search for a better reserve currency alternative to the U.S. Dollar,and , The American FED has have literally flooded the world market with freshly printed US dollar bills , America Japan and Europe cut interest rates and increased liquidity added to the problem. early this month Marc Faber said he was still buying gold and forecast the U.S. economy would enter hyperinflation similar to Zimbabwe . another legendary investor also from Asia Jim Rogers said practically the same ...more gold commodities mining and farming assets and shares
“My personal view is that asset-price deflation and sluggish economic growth will prevail for the next year and a half,” Walker said yesterday. “Under that scenario, gold’s investment value starts to look far less interesting.” said Marc Faber during an early interview with Bloomberg
following is an interview done by bloomberg with Sumitomo's Takai a commodities trader from Tokyo about the Oil, Gold, Copperspeculative bubble 10 june 2009
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