From political folly to looming crises, investors are betting on collapse — and turning to gold as their safe haven.
Tag: investing
The precious metal is the asset of choice for cushioning market shocks and navigating uncertain geopolitical times. But that’s not the only reason analysts are forecasting an ounce at $3,000 within the next year or two.
CORRIERE DELLA SERA, LA STAMPA (Italy) Worldcrunch VENICE – The city famous for its canals and occasional “high water,” has withdrawn its candidacy to become European Capital of Culture in 2019 because it is already flooded with tourists, reports Corriere della Sera Forrestn While other cities line up for all the residual payoff of getting […]
WALL STREET JOURNAL, CNN (USA), REUTERS Worldcrunch European stocks and U.S. stock futures fell Friday after Republican House members canceled a vote on a tax bill intended to avert a massive budget crisis, reports the Wall Street Journal. Republican lawmakers have rejected party leader John Boehner’s proposal designed to win concessions from President Barack Obama […]