From Mineweb:

Gold guru Jeff Nichols, in his latest presentation to a Far Eastern audience at the Gold Outlook Asia conference in Hong Kong last Thursday, made some very pertinent points regarding gold and the U.S. and global economy - the two being very much interlinked.

Some of his particular comments were as follows:

-The root cause of the current world economic crisis has been decades of easy money, low interest rates, a persistently expansionary monetary and fiscal policy by the U.S. -- aided and abetted by China and the other major Asian exporting countries.

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