Gold Likely Hits USD1,600 In Year 2011

As we know US is flowing the market with they printed money next year. This money will expected to result in inflation so Gold price sure will be up like most of the commodities. China and India is the biggest Gold buyer in 2010 and with all the Gold in hand they can change world currency, but US may not easily give up they dollar out from world currency because if this happen they money printing plan will be no value.

As US flow more money into money market, the value will be drop and Gold value will be up so for me I think using EPF money to buy gold investment fund will be likely to bring us a good profit in year 2011.

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