Unemployment Continued… :: The Market Oracle :: Financial Markets …

Mar 15, 2010   //   by Admin   //   Sell Scrap Gold  //  Comments Off

“in regards to stocks and the broader commodities – if we see a pullback/crash in these asset classes, my thinking is that capital will shift back into the US dollar, at least in the short term… … Note that gold stocks are affected both by the price of gold and by the price of stocks. They sort of follow a middle-of-the-road path between gold and stocks. So if (when) the U.S stock market tanks, one should switch one’s precious metals portfolio away from gold stocks and …

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