05.10.2011 - Why has gold turned into paper?
One of the most amazing things that has happened in the global capital markets in the past month is that gold and silver have turned into equities. You know, those precious metals that are supposed to be a store of value and a safe haven during troubled times? They have morphed overnight from hard assets into paper ones, with the barbarous relic nose-diving $392 from $1,922, or 20%, in less than four weeks, while the white metal is off nearly $24, or 48% from its April $49.90 top..............................................Full Article: Source
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