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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Cooler gold bullion, warmer gold stocks?

Posted on 27 February 2009

From Mineweb.com: The price of gold might again be testing record highs, driven by investors seeking shelter from the financial blizzard, but shares in companies mining the precious metal now look a better bet.

With financial markets tumbling and currencies crumbling, investors have fled to gold as a traditional safe haven in times of trouble, and as a bulwark against the long-term inflationary effects of massive and various government stimulus packages and monetary easing by central banks….. Full Article: Source


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This post was written by:

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


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