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home / news releases / GLDI - What's Up With Gold?


GLDI - What's Up With Gold?

  • The producer price index came out with the biggest number in 40 years.
  • Gold is down 6% or 7% for the year and silver is down 14% or so for the year against these levels of inflation, which are at 40-year highs.
  • The past few meetings, the Fed has just talked the markets down but has not actually done anything.
  • If interest rates do go up aggressively, it puts the world economy at tremendous risk and defaults will become common.
  • It is a global problem, so governments will have to find a way to hedge against this tremendous debt bubble by allowing inflation to run at higher levels than expected.

For further details see:

What's Up With Gold?
Stock Information

Company Name: Credit Suisse X-Links Gold Shares Covered Call ETN
Stock Symbol: GLDI
Market: NASDAQ

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