Telecom News,Mobile Solutions and more...
Why Gold Prices Are Rising?
2/29/2012 05:44:00 pm
Why gold prices in Pakistan and all over the world are rising???
This question arised in my mind yesterday. So i searched it over the internet and found the reason. China, India and other major countries have decided to convert their money reserves of US Dollars into gold because the condition of dollar is just like a balloon. It can burst at any time.
One reality the america has to admit is that they are no more super power. It is just a matter of time when the power will be transferred to Asia. China is in good condition of becoming a super power. China has plans of converting all of its money which is in dollar into gold.
This question arised in my mind yesterday. So i searched it over the internet and found the reason. China, India and other major countries have decided to convert their money reserves of US Dollars into gold because the condition of dollar is just like a balloon. It can burst at any time.
One reality the america has to admit is that they are no more super power. It is just a matter of time when the power will be transferred to Asia. China is in good condition of becoming a super power. China has plans of converting all of its money which is in dollar into gold.
Advertisement
This entry was posted on
2/29/2012 05:44:00 pm
, and is filed under
Questions and Answers
. Follow any responses to this post through
RSS
. You can
leave a response
, or trackback from your own site.
Subscribe to:
Post Comments
(
Atom
)
Post a Comment
Donot include personal information like mobile number, email etc.