Friday, December 12, 2008

End of empire?

The price of gold has this morning surpassed the price of platinum.

Gold is now trading at US$813 and Platinum is trading at US$810.

This is the first time this has happened in the last 12 years. Its interesting times and it says a helluva lot about two things - the state of the global economy and the state of the US dollar.

Both of which I remain heavily negative toward.

Obama may change things in the US and perhaps reintroduce an age of dominance but perhaps its time to start considering the end of the US empire?

Let me know what you think?

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