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'Cold Shoulder of gold by investors' diluting the dollar

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Cold Shoulder of gold by investors

-- diluting the dollar

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04/22/09 05:52

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Cold Shoulder of gold by investors

I think it is encouraging that investors are resisting the urge to use gold as a vehicle of fear. To me that means that there is some growing hope that the economy is gaining ground.~~

Even though the Fed announced a month ago that it would begin some quantative easing by buying up mortgage securities and big brother debt, hence bringing onfuture inflation, gold isn't seeing the success many thought it would.

Fear is a huge driving factor for gold. People are starting to be less afraid.

Link: GOLD'S COLD SHOULDER

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