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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

Gold is getting sexier by the minute

Posted on 11 February 2009

From Todaysfinancialnews.com: Gold bugs are finally getting the fuel they need to get the price of their precious metal out of the rut it has fallen into. With the Treasury’s latest banking-industry bailout going over like flatulence at a funeral, more and more investors are turning to the safety of gold. It has been the one asset class Washington has not been able to grossly manipulate… so far.

As I write, the price of an ounce of gold is trading for $914 an ounce, $21 higher than yesterday’s final price. …. Full Article: Source


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This post was written by:

VRS - who has written 37214 posts on Opalesque Commodities Briefing.


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