Thursday, August 19, 2010

The "Flight to Safety" Trade Your Broker Won't Tell You About

By Graham Summers: Quietly and with little fanfare, Gold has made a MAJOR change in its status. The precious metal is largely viewed as THE anti-paper money play by investors. Given that the world's central banks (with perhaps the exception of China) have maintained only one response to every issues that arises in the markets (print or spend money) Gold should be soaring.

Indeed, EVERY single new bailout or stimulus or monetization should push Gold higher. In fact, we should be seeing a kind of gradual awakening for investors as they realize that each one of these bailouts brings us closer to the "end game" in which throwing money at the world's financial problems has failed......read on

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