Has Gold Become Correlated to the Stock Market? [View article]
The financial crisis has businesses selling off their gold assets at fire sale prices just to stay solvent.
Lehman Brothers sold off more Gold ETF's in October than were sold in the entire year previous.
With more companies needing quick cash to meet debt payments, the down ward pressure on gold will continue. But there will be a turning point when all these assets are finally sold off
Has Gold Become Correlated to the Stock Market? [View article]
Lehman Brothers sold off more Gold ETF's in October than were sold in the entire year previous.
With more companies needing quick cash to meet debt payments, the down ward pressure on gold will continue. But there will be a turning point when all these assets are finally sold off
Adrian D.
world-gold-coin-prices...