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Commodities Briefing - Categorized | Bullion/Gold, Commentaries, Market Moves more

Should the recent price fall mean gold no longer a “safe haven”?

Posted on 04 October 2011

So gold is not a “safe haven” any more! - that’s the genius insight many pundits are pushing today.
No one watching gold’s ups and downs over the last decade’s five-fold gains would claim otherwise. But fair’s fair. The price has slumped 11% this month, even as stock-markets and the economic data tanked, making Sept. 2011 the worst month since the wipe-out of Oct. 2008 after Lehman Brothers collapsed……………………………………….Full Article: Source


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This post was written by:

VRS - who has written 36748 posts on Opalesque Commodities Briefing.


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