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Commodities Briefing - Categorized | Bullion/Gold, Commentaries, Currencies more

Gold is not a commodity but the strongest currency of all

Posted on 09 October 2012

While gold bugs have long been aware that gold is, and always has been, a monetary metal many others in the investment community have, in the past, continued to feel otherwise and valued it accordingly as just another commodity.
But this perception is changing as recent events, and price movements, have emphasised that the gold price moves are currently being dictated more by global economic and political factors than by normal commodity economics of supply and demand……………………………………….Full Article: Source


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This post was written by:

VRS - who has written 37015 posts on Opalesque Commodities Briefing.


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