| From Ibtimes.com: The gold price recently made a new high amid widespread concern over weakness in the U.S. dollar. The gold rally has been driven by strong global demand among investors seeking a safe haven. Demand has been driven mainly by uncertainty over the economic outlook, as investors continue to recover from the fallout of the financial crisis two years ago.
Many investors believe gold is a crisis hedge and attribute its recent rally to the widespread belief that the financial crisis persists. If nothing else, the credit crisis of 2008 should have dispelled the myth that gold is the "ultimate crisis hedge," as it was dumped along with everything else in the rush to achieve liquidity two years ago...........................................Full Article: Source
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