Mon, Sep 26, 2016
A A A
Welcome vaishu
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 47828 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
September 2016
S M T W T F S
« Aug    
 123
45678910
11121314151617
18192021222324
252627282930