Wed, Apr 16, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

Gold bull market “still intact” says HSBC

Posted on 21 February 2013

Why would anyone want to own gold? It’s a safe haven during times of crisis and things are getting better, and it doesn’t pay a dividend and George Soros is selling 100 million of his gold holdings.
Negative real interest rates is supportive of gold bullion going forward and also there is still uncertainty in the currency markets and gold is an alternative form of currency. Don’t forget it was only a few years ago when Obama took office and gold was around $900/oz……………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 34604 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930