Home | September 2011News | Gold Recovers Strongly as Investors Begin to Run Out of Choices says Bill Hionas |
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Gold Recovers Strongly as Investors Begin to Run Out of Choices says Bill Hionas
- Gold Recovers Strongly as Investors Begin to Run Out of Choices says Bill Hionas
- September 09, 2011
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Precious metals all rebounded strongly today on disappointing economic news.
MIAMI, FL - After a pretty wild week, gold is making its way back up towards $1900, recouping a large proportion of the losses it made earlier. The Swiss National Bank's actions have not only effectively removed one of the most viable alternatives to gold as a safe haven but may have prompted other countries to consider following suit and reducing interest rates to safeguard their exports. Add to this the announcement that ECB President Trichet has cut forecasts for economic growth in the euro z...
- View more at: http://www.1888pressrelease.com/gold-recovers-strongly-as-investors-begin-to-run-out-of-choi-pr-333577.html
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