Sunday, October 19, 2008

Gold: Barron's "Shining Through the Rubble"

WITH FINANCIAL MARKETS AROUND THE WORLD COLLAPSING, about the only thing that still glitters is gold.
Unlike just about every other asset, gold has risen in the past year. Though it fell markedly last week, to $785.10, it's still up 3% from a year ago.
Gold has "shown its stripes as something investors will turn to," says Leanne Baker, founder of Investor Resources, a metals and mining advisory based in Mill Valley, Calif.

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