June 8, 2010
By Donna Kardos
NEW YORK (MarketWatch)
The worries helped boost investors’ demand for gold, which has been trading as a safety asset.
“Gold is acting like a third currency or a hedge against the crisis,” said Keith Springer, author of Facing Goliath: How to Triumph in the Dangerous Market Ahead. “I wouldn’t be surprised if gold could be in a topping pattern here,” since the economy faces little threat from inflation, he said.
To view full article: http://www.keithspringer.com/article126.htm