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Gold's Safe-Haven Status is Restored
1 páginas
Publicado por
donald hood
Gold s Safe-Haven Status is Restored
(1888PressRelease) Continued uncertainty in Europe should bode well for gold market.
(1888PressRelease) MIAMI, FL - Those investors who held firm, refusing to panic as gold prices dropped and then...
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Gold s Safe-Haven Status is Restored
(1888PressRelease) Continued uncertainty in Europe should bode well for gold market.
(1888PressRelease) MIAMI, FL - Those investors who held firm, refusing to panic as gold prices dropped and then
hovered in the low $1600s, will no doubt be congratulating themselves on their restraint today as prices head back
within reach of $1700.
A word of caution may be called for however.
If we have seen anything in the last few months
it has been a pattern of volatility and we should all realize by now that the situation can change in a heartbeat.
Today s strong recovery results from renewed fears over debt contagion as it seems a viable solution to the euro zone
issues is extremely uncertain, to say the least.
Added to this are disappointing growth figures in the US, leading many
investors desperately seeking a safe haven for wealth protection.
All of this is good news for holders of gold bullion
but what happens following a major rally in price? Genera
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