Blog PostSTOCK HIT LIST


                Some investors think that silver and gold go hand it hand, and that when times are tough, both will rise. Sometimes, yes, but not in this case. Silver and gold act as two completely different commodities. Silver has heavy ties to industrial use, making it much more susceptible to an economic meltdown. This makes gold a safe haven for investors who see the little correlation between it and the rest of the precious metals.
That said, times have been tough, both in the market, and on the price of gold. But gold has seemed to get the blunt end of it. With it peaking above $1,900 in early September and falling below $1,620, the rates have been far from uniform. But Gold is also at the mercy of the financier, if they see more opportunity elsewhere, or think they do, which has been the case recently. Although the current situation is about shareholders selling their gold to cover losses, it is also about how scarce liquid assets are becoming. Sometimes selling is the only option.


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http://goldnews.bullionvault.com/gold_price_092320111