From the keyboard of James Quinn, US Business Editor for the Telegraph, comes this article: "Gold acquires new investment aura." Mr Quinn elaborates upon two reasons why gold's spreading: the first one ties into why I see an incipient bubble in the metal. Gold wasn't slaughtered in 2008, and is up smartly in 2009. The second reason can be summed up in a brief sentence: gold isn't stocks.
As of now, mainstream reports on gold have concentrated on the metal itself. I've seen no real mainstream mention of gold shares.
Tuesday, December 1, 2009
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