Gold bugs will howl. But it is obvious enough that any major stock market correction – which must be looming on the horizon given this incredibly overbought rally now trading on very thin volumes – will bring gold prices tumbling down as in late 2008.
Tags: gold
Gold Sell-Off To Come With a Stock Market Correction
August 5, 2010 By Leave a Comment
Gold Remains Safe Haven
October 27, 2008 By Leave a Comment
THE SPOT PRICE OF GOLD BULLION sank and then bounced hard vs. the Dollar early Monday, whipping violently against all major currencies as world stock markets added to this year's 40% losses to date. But remember Gold will go down if the value of everything comes down. It may not make to much sense to you so make sure you study the history of gold.
Tags: gold, gold bullion, safe haven, world stock markets