Friday, December 9, 2011

Gold holding well despite uncertainties

Gold holding well despite uncertainties , it has been great compared to other asset classes , and unlike money gold cannot be printed into infinity says Stephen Flood, director of Goldcore Investments, told CNBC, "gold is a finite currency, you can put all the gold in the world into a 20m high cube, you can print money to infinity and I think investors recognize that." he said " Gold is a good way to hedge risk " he added

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