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'Gold Shines on During America's Money Crisis' gold luster

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Gold Shines on During America's Money Crisis

-- gold luster

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01/23/09 14:49

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Gold Shines on During America's Money Crisis

It doesn't come as a great surprise that gold stocks are becoming ever popular while the bank stocks are plunging. Gold seems to do well when investors believe the world is at the end.~~

Gold, being a hard asset, is more stable than stocks, bonds and currencies making it ever increasingly attractive to investors.

Even Microsoft, a Fortune 500 company (MSFT) is announcing layoffs for the first time in its illustrious history. Citigroup (C) and Bank of America (BAC), also historically huge Furtune 500 players are feared to be going nationalized.

Link: How gold got its luster back - Jan. 23, 2009

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