08.07.2013 - Is gold still a haven in times of economic distress?
Gold and trouble go together because the metal is often seen as a haven in times of economic distress. But the relationship is complicated. Prices can rise or fall for seemingly contradictory reasons. Investment advisers these days are trying to make sense of a 25 percent plunge in gold prices in the second quarter, to roughly $1,200 an ounce, its lowest level in three years. The reasons for the dip may not be clear, but the results certainly are...............................................Full Article: Source
Print