Friday, September 30, 2011

Gold “Intrinsically More Sound” than Other Safe Havens?

XCSFDHG46767FHJHJF

DG365FD46564GFH654FU898 Although gold has fallen victim to broad-based liquidation and U.S. dollar strength in September, it remains “intrinsically more sound than most, if not all” other financial safe-havens, according to GFMS. The metals consultancy firm contended that the yellow metal remains the preferred safe haven asset – over U.S. Treasuries, German government bonds and the Japanese yen – despite its recent weakness.



No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...