Why Gold Is a One-Way Bet
Oct 15th, 2008 | By Andrew Gordon | Category: FeaturedAndrew Gordon says major investors are being forced to liquidate assets to raise cash meet margin calls.
Andrew Gordon says major investors are being forced to liquidate assets to raise cash meet margin calls.
Just when I thought the worst was behind us, it wasn’t. The selling started about 3:00 a.m. New York time on the Globex. I’m not sure why this particular time is sometimes their favourite time for selling off the precious metals, but it has been in the past.