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.
The papers today all carry the news that a whopping 81% of Americans, according to a New York Times/CBS News poll, believe that the US is on the wrong track — or to be precise, that “things have pretty seriously gotten off on the wrong track.”
But behind this headline is the finding that spiraling gas and oil prices are of more concern to Americans than the home mortgage crisis.