We need more gold

World becomes crazy and uncertain and crash, economic recession in America makes all countries continuously ready to make some action to handle the impact. At least 12 years before, USD fall in record against Yen under 100/Yen Japan. USD also falls to Euro and GBP. Gold price rise upper 1000 tyros per ounce make all investor put their money and replace their USD into gold. The weakness of USD is also caused by oil price upper $ 100 USD per barrel and financial problem in America.

We need more gold

Increase in gold price is caused by breaking down the labor gold–mine in Africa (as we know, Africa is the producer gold number one). Increasing in gold and weakness the USD make investors now stay in hold, analysis and put their money in Yen and Euro.

Indonesian Rupiah must appreciate against USD but, the closing session yesterday, Rupiah closed at 9200 and more (weak more than 100 point)

While Dollar is weak and depreciates, all countries still use Dollar as foreign payment because of transparent and fluctuate. I know, many investors get high taking profit as the dollar fluctuating. They make us (poor people) pay more to get gas, gold, food, premium oil and all export goods. The businessmen also suffer by the weakness of Dollar.

Continue in next post.

Euro won against USD, What the impact in short run and long run