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Bill Hionas says All Eyes are on the European Situation at Present
- Bill Hionas says All Eyes are on the European Situation at Present
- October 20, 2011
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Investors may be waiting for a resolution to the European situation.
MIAMI, FL - As far as the gold bullion market is concerned, all focus is on the ongoing European crisis. Many investors seem to be sitting on the sidelines, waiting to see how this scenario will play out and which way gold will eventually move.
One would certainly assume that, as news from Europe deteriorates, gold's rightful place as the ultimate safe haven would be secure. Demand should increase and prices should rise. However, this does not seem to be happening just yet. Some investors are...
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