Fear triggers gold shortage, drives US treasury yields below zero
Source: http://feeds.feedburner.com/~r/YourFinancialFuture/~3/482756198/Posted on Friday, December 12th, 2008 | In Gold Markets
Contributed by: Alex Stanczyk (http://rapidtrends.com/blog) -
Fear triggers gold shortage, drives US treasury yields below zero
By Ambrose Evans-Pritchard
Last Updated: 9:26AM GMT 11 Dec 2008
The investor search for a safe places to store wealth as the financial crisis shakes faith in the system has caused extraordinary moves in global markets over recent days, driving the yield on 3-month US Treasuries below zero and causing a rush for physical holdings of gold.
Last 5 posts by Alex Stanczyk
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Alex Stanczyk, Ambrose Evans-Pritchard, finance, Gold Markets, investor search;, United States
Alex Stanczyk, Ambrose Evans-Pritchard, finance, Gold Markets, investor search;, United States
 About Alex Stanczyk (http://rapidtrends.com/blog)
Alex Stanczyk is the editor of Your Financial Future. Mr. Stanczyk has launched numerous businesses, acted as the CEO of a Publicly Traded US Company, and brings over 21 years of business experience to YFF. He has authored numerous articles, mentored hundreds in personal finance and wealth building, and spends at least 4 hours each day studying the global markets, drawing insight and conclusions from the flows of global commerce. As an Affiliate of Anglo Far East Bullion Company, Mr. Stanczyk specializes in teaching foundational principles of money, the gold market, and why gold has been a storehouse for wealth for thousands of years. |
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