Recently there are many negative news coming from US. First we have the sub-prime crisis which incidentally was thought to be created by ex Fed chairman Alan Greenspan's policies. Whether it is intention or not, one is for sure, US economy is in a bad shape and will continue to give pressure to USD.
Already we are awaiting the data from US on this coming friday for the nonfarm payroll. Last Month was bad with a loss of 50,000 jobs loss. Inflation too is on the raise worldwide, not just in US but in China, asia etc. Being a bookworm, I hit the local library to get some reading materials and came across a book entitled ' Portable wealth: The complete guide to Precious Metals Investment' by Adam Starchild.
It illustrate the history of Gold, silver and Platinum, its impact/use in the earlier human civilization and its impact/use for the future, our future. 10 years has gone back since this book is last printed and all the info it gives, came true... at least to a significant portion of it anyway.
I will do a summary of the book in my next posting. A break from my IT technical blog. Looks like I also need to eat, sleep and survive in this new age of inflation. Hope with my sharing, can give people hope that there is a silver lining in all issues.
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