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Posts Tagged ‘ flight to quality ’

Why Gold Won’t Disappoint For Much Longer

Nov 26th, 2008 | By Daniel Zurbrugg | Category: Gold Market

The government is printing money so fast that even cash isn’t a safe bet any more, says Daniel Zurbrügg. And even though gold has slumped during this crisis, its long-term outlook remains attractive. Once institutional investors stop dumping gold holdings and the US dollar rally stalls, Daniel says gold will zoom back up to $1,000 an ounce and beyond.

Tags: bear market, credit crisis, Daniel Zurbrügg, flight to quality, Global Downturn, Gold Etf, Gold Prices, government bailout, hedge funds, Institutional Investors, investing in gold, Paper Gold, Physical Gold, US dollar, US inflation
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