| May be it's the end of the world...maybe there's nothing to worry about, says Adrian Ash at BullionVault. If the former...rather than blue skies, plain sailing...how might precious metals respond? Between the collapse of Bear Stearns in March 2008 and the crash of Lehman Brothers six months later, the price of gold dropped 25%.
The real start of the real crisis, in other words, was ignored by the mass of investors, professional and private. They assumed things were just fine..."contained" in the words of the time...and resolved by the US Fed arranging a rescue of the credit bubble's worst miscreant...............................................Full Article: Source
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