31.05.2012 - Gold: It's just a metal, folks
Despite its recent pullback, gold's bull run, which began more than a decade ago, has rewarded those who owned it through the financial crisis. For investors willing to put up with intermittent declines -- some of them substantial -- gold has lived up to its billing as a "safe haven" asset. Will it continue to live up to that reputation? Perhaps not, as recent evidence suggests that it has been relegated to the ranks of its grubby commodity peers. If you own gold on the expectation that it is an effective hedge for the rest of your portfolio, now is the time to re-evaluate that premise...............................................Full Article: Source
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