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Gold - An Ongoing Bull Market

Release Date: 
Thursday, August 26, 2010

Over the last 10 years, gold has remained in a strong bull market. Gold prices continue to rise against a weaker stock market and commodities.

Gold may now act-not only as a long-term hedge against a weakening dollar-but as a hedge against all risky assets," states Jack Adamo in his article for Forbes. Gold is now rising even in the face of a stronger dollar. […] We should continue to exploit [gold] to the fullest."

Adamo believes gold and the dollar are both havens for investors who are risk-averse. However, he states gold is the stronger of the two since it serves as a haven for those who are also wary of the risk of owning dollars, given the government's monetary and fiscal policies."

Read full article here.
(*Why You Need To Own Gold Now", Forbes, Aug. 23, 2010)

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†This material has been prepared for private use. Although the information in this commentary has been obtained from sources believed to be reliable, Goldline does not guarantee its accuracy and such information may be incomplete or condensed. The opinions expressed are subject to change without notice.

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