Friday, January 9, 2009

Stocks are a screaming bye

Merrill Lynch says rich turning to gold bars for safety

Merrill Lynch has revealed that some of its richest clients are so alarmed by the state of the financial system and signs of political instability around the world that they are now insisting on the purchase of gold bars, shunning derivatives or "paper" proxies.

Posted by v stor @ 04:31 PM (580 views)
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One thought on “Stocks are a screaming bye

  • If it’s such a safe-haven, who is selling it and why?

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