Gold primes itself for a win-win situation

- January 21st, 2009

Gold investing News reports gold prices remain strong for the New Year 2009. “The more problems we see in the banking sector and the financial sector in general, the more attractive gold as a hedge against such risk will be,” said Commerzbank analyst Eugen Weinberg. “Risk aversion is high. People are looking at gold right … Continued

Gold investing News reports gold prices remain strong for the New Year 2009.

“The more problems we see in the banking sector and the financial sector in general, the more attractive gold as a hedge against such risk will be,” said Commerzbank analyst Eugen Weinberg. “Risk aversion is high. People are looking at gold right now as a real hedge against everything, an alternative asset,” he told Reuters.

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