Gold a hedge and no more – yet (Asia Times)

Sep 14, 2009   //   by Admin   //   Scrap Gold Prices  //  Comments Off

Even a rather wobbly reserve currency is a better asset than gold, whose price again crossed the US$1,000 mark last week. Gold is far less liquid than US Treasury securities, costly to store and insure, and above all far more volatile in price.

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Gold a hedge and no more – yet (Asia Times)

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