A place where tipping is allowed!

Advertisements

Proving

Gold Is Proving an Ideal Safe Haven Asset Even as Spot Price Plunges

The spot gold price just had its worst week in nearly four decades. As a result, investors are questioning its safe-haven status. But demand for gold is insatiable. Inventories are low everywhere. And the gold selloff for cash actually demonstrated the safe-haven thesis. Gold prices also plummeted at the beginning of the 2008 financial crisis.…