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Commodities Briefing - Categorized | Investment, Market Moves more

After Lehman: What was your five-year plan?

Posted on 13 September 2013

In the five years since Wall Street’s world ended, what has been the best major asset class to own? Friday, September 12, 2008, was the last trading day before the cataclysm of Lehman Brothers’ bankruptcy. With Federal Reserve printing presses working overtime for most of the period since then, gold would not be a bad guess.
And indeed, while the metal’s price is down roughly a quarter since its September 2011 all-time peak, it is still up 82% since the start of the financial crisis. As for home prices–one of the Fed’s big targets for help–they have made back their ground, but are now only slightly above where they were when disaster struck………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 38126 posts on Opalesque Commodities Briefing.


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