05.12.2012 - With this volatility, is gold still a safe haven?
Gold hasnít been trading like a safe haven lately, leaving investors to wonder whether it still is one. ďThe volatility that the price of gold has seen lately gives the illusion that it is not a safe haven, but in reality investors still view it as a place to protect their wealth,Ē said David Beahm, vice president at precious-metals investment firm Blanchard & Co. Thatís tough to believe, however, given the steep drops the precious metal has suffered in recent sessions...............................................Full Article: Source
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