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Gold ETF: The lifeboat in 2008’s stormy seas - and has oil bottomed?

Posted on 22 December 2008

From Mineweb.com: Once again, precious metals were in 2008 the only commodities with a negative correlation to equities; while investors are swinging from short oil positions to long.

In its review of commodities for 2008, ETF Securities Limited points out [even though it might not currently feel like it] that commodities outperformed most equity benchmarks, with gold standing out as a particularly strong performer….. Full Article: Source


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This post was written by:

VRS - who has written 38561 posts on Opalesque Commodities Briefing.


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