Pacific Gold Corp fka PCFG

[Twotone]

A little blurb from Julian Phillips of Gold Forcaster Global Watch.

It is remarkable how U.S. investors, in particular, are so few and far between in the precious metal markets. With the I.M.F. set to cut both Japanese and U.S. growth prospects today, the specter of ‘stagflation’ is still very much part of the developed world’s economic picture. The reason it is ‘gold positive’ is that any inflation in a world where there is little to no growth hurts far more than inflation does in a growing world. The presence of negative real interest rates is extremely pernicious to the value of savings causing many to move from deposits to precious metals. This is not only true of the Western developed world but in China where saving is a far more serious matter.