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Commodities Briefing - Categorized | Bullion/Gold, Trends more

Has gold finally lost its shine?

Posted on 18 March 2013

There is a rule of thumb when it comes to working out if the price of gold will go up or down. It sounds ridiculously easy — almost too easy to be true. It goes like this: when things are going well in the global economy, the price of gold goes down. When things go badly, the price of gold goes up.
It really is that simple. Except rather like the property bubble and crash in 2008, it does increasingly look like many of the smaller, take-a-punt and hope-for-the-best investors, have got this all horribly wrong again………………………………………..Full Article: Source


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VRS - who has written 36568 posts on Opalesque Commodities Briefing.


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