Victor Shum, senior principal with Purvin & Gertz, says that as uncertainty weighs, investors are holding back from buying oil and instead flocking to gold. He speaks to CNBC\'s Oriel Morrison and Sri Jegarajah about where the demand for oil is coming from.
Friday, May 14, 2010
Uncertainty Pushes up Gold Prices
Victor Shum, senior principal with Purvin & Gertz, says that as uncertainty weighs, investors are holding back from buying oil and instead flocking to gold. He speaks to CNBC\'s Oriel Morrison and Sri Jegarajah about where the demand for oil is coming from.
Gold Stocks vs. Gold Bullion
Colin Whitehead, senior analyst with Fat Prophets, says gold stocks tend to overreact on the downside to market movements. He makes the case for why gold bullion is a safer investment with CNBC’s Oriel Morrison.
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