09.08.2011 - Why gold prices are so high
In recent months, investors have flocked to gold, helping to drive up its price to record highs. Some market watchers have attributed the gold rally merely to investors seeking a short-term inflation hedge or a perceived “safe-haven” investment in the face of a slowing global economy, ongoing global sovereign debt problems and Friday’s downgrade of US debt. Gold prices, however, have been on the rise for a decade and I believe there are a few key reasons why..............................................Full Article: Source
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