Home | October 2011News | Pan American Metals of Miami says the Gold Market is Behaving Unusually at Present |
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Pan American Metals of Miami says the Gold Market is Behaving Unusually at Present
- Pan American Metals of Miami says the Gold Market is Behaving Unusually at Present
- October 20, 2011
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Fundamentals underpinning gold are strong.
MIAMI, FL - It seems as if there is no happy ending to the European debt crisis and the effect on gold has been the opposite to what one would expect. As the preferred safe haven, gold should normally be rising in price when there is disappointing news about the state of the economy, whether at home or abroad. One is forced to wonder why the market is responding in a way that appears to be counterintuitive.
Another unusual scenario has been that the precious metals market, and especially gol...
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