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Gold/Mining/Energy : Best Free Websites to Research Mining & Oil Company Stocks

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From: barbara237/15/2008 4:08:31 PM
of 87
 
Gold: safe haven for many investors

Hi guys, amidst rising oil prices, weak dollar and uncertain financial market, gold has become a safe haven for many investors. Daniel Hynes, a metals strategist at Merrill Lynch said: "The issue of Fannie May and Freddie Mac's stability definitely brought the fear factor back. A month ago, gold looked like it might have struggled to get back towards $1,000 but it now looks like it could be heading back towards those levels."

The August contract jumped $13.10 to $973.70 an ounce in New York.
Cheers ;)

Barbie

Source: gnutrade.com
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