Should You Still Invest in Gold?
Invest in Gold. Still a Smart Move for Your PortfolioWow, another reminder to invest in gold! Debka.com is reporting that India will use gold to buy oil from Iran. India spends around $12 billion dollars a year to buy oil from Iran. China is expected to use gold as the unit of currency to buy oil from Iran as well.
So what does that mean? India and China have completely lost faith in the dollar and the euro. India and China are growing faster than the U.S. and are the engines of this new global economy. They have way more influence in the global economy than they did just a few years ago....