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This gold bull run has legs - Sharps Pixley

Posted on 12 August 2011

Gold struck yet another all time high of $1813.80 early this morning, marking an 18% gain in just over a month. The acceleration in the gains in the gold price underscores just how nervous the financial markets are of the recent run of events both and more recently with regards to stability in Spain, Italy and now France.
The knock on effects of the downgrading of US debt by the rating agencies from its coveted AAA level have been less than many had feared with equity markets taking much of the brunt………………………………………Full Article: Source


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