US Is 'Practically Owned' by China: Analyst - CNBC: "The US supremacy as the top world economy will end sooner than many people believe, so gold is a better investment than the dollar despite it hitting a new record, Tom Winnifrith, CEO at financial services firm Rivington Street Holdings, told CNBC.com Monday.
Gold [XAU=X 1307.9 2.65 (+0.2%) ] hit a new record high Monday and silver [XAG=X 21.72 0.02 (+0.09%) ] rose to another 30-year peak as investors were worried about the dollar weakening further after the Federal Reserve hinted at more quantitative easing last week."
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