Metals giving mixed messages
Besides being used as a currency and store of value when inflation fears rise, gold is the original fear gauge, in high demand when the world seems uncertain and at risk. “Gold for 5,000 years keeps its value,” says George Gero, vice-president of Global Futures RBC Capital Markets and long-time gold trader. You can’t trust many currencies so people like to have some gold because it is portable, liquid, holds no allegiances and is instantly convertible to other currencies.” (Read more)
