What the Greek crisis means for gold – MoneyWeek

Apr 28, 2010   //   by Admin   //   Sell Scrap Gold  //  Comments Off

And the fear is spreading. The only assets that are rising are the US dollar and gold. So could gold be about to live up to its ‘safe haven’ status? Dominic Frisby looks at what this ‘perfect storm’ means for the price of gold. … Gold by ETF? There is always a conspiracy theory that there is no 100% gold backing up all those mystery ETFs. Indeed, when the economy crash, I don’t think it is possible to have a functioning market and you can get your gold back. …

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