Home | August 2011News | BillHionas.info Reports Gold Eclipsing Platinum as Investors Rush to Find a Safe Haven |
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BillHionas.info Reports Gold Eclipsing Platinum as Investors Rush to Find a Safe Haven
- BillHionas.info Reports Gold Eclipsing Platinum as Investors Rush to Find a Safe Haven
- August 10, 2011
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Global macroeconomic issues caused gold to eclipse platinum early this week as investors rushed to buy gold bullion as a safe haven following the volatility in the stock market.
MIAMI, FL - Concerns about the state of the economy, both nationally and internationally are mounting a two-pronged attack on the gold to platinum ratio; on the one hand economic concerns boost gold on investment demand while, on the other hand, these same concerns raise doubt about future levels of industrial demand for platinum.
The recent debacle of the US debt crisis, the European sovereign debt crisis and S&P's downgrade of the US's triple-A credit rating - with its resulting effect on t...
- View more at: http://www.1888pressrelease.com/billhionas-info-reports-gold-eclipsing-platinum-as-investors-pr-325560.html
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