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Commodities Briefing - Categorized | Bullion/Gold, Investment more

The allure of the yellow metal, safe haven or hedge?

Posted on 09 March 2009

From Menafn.com: Fear and gold prices are interlinked as the bullion is perceived as a safe haven, an asset that loses none of its value in case of a market crash and/or as a hedge against stocks, inflation, deflation and the US dollar.

The recent rally in gold is intrinsically linked to current global economic turmoil. The equity markets are in a tailspin, the governments are busy printing money and mounting job losses have sent investors to seek refuge in the yellow metal for its rarity. …. Full Article: Source


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


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