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Commodities Briefing - Categorized | Bullion/Gold, Investment more

Gold losing luster

Posted on 18 December 2008

From Resourceinvestor.com: In times of economic uncertainty gold prices ordinarily take flight; this process has been suspended, at least temporarily, as the recent flashpoint in the credit crisis has been accompanied by a resurgent greenback.

Hedge funds and others are being forced to liquidate dollar denominated assets to meet margin requirements, creating a short squeeze on the dollar. That is offsetting the flood of stimulus and bailout dollars, deferring what ordinarily would be inflationary forces. …. Full Article: Source


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


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