02.02.2009 - Rerating gold - upwards momentum building?
From Mineweb.com: The recent rise in the gold price into the $900 range is indicative of the long-awaited (by gold followers at least) rerating of the yellow metal as a store of wealth - or an insurance policy if you like - in the light of the realisation that the global financial turmoil is unlikely to end soon. Initially, once the state of the global economy became apparent to the investment community, the unprecedented speed of the market collapse took the financial world by storm and gold holdings needed to be sold along with everything else to meet other financial commitments..... Full Article: Source
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