|World Gold Index, Sept 27, 2010. 7:50 PST|
The goverment / Obama administration continues to print up money to get this economy in favorable shape going forward. The only way governments can assist is to print up more money to help failing businesses and bail out major corporations (like the auto industry). Another $42 billion is going to be 'borrowed' from small businesses to help put 500k people back to work and assist with the unemployment rate across the nation. It is something that is needed as people want to work. I'm not sure if these loans will get paid back, especially if the business that receives the loan continues to struggle.
$42 billion small business bill signing by President Obama on Monday With government money printing presses going, Gold should continue to rise in U.S. Dollars. As Gold goes up, you can also see it as your dollar losing value.