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All currencies declining against gold
The demand for gold is still on the rise, says expert of First Bank Ronald-Peter Stöferle. The fact that gold is seen as a safe haven in times of crisis is ambiguous according to Stöferle.
All currencies declining against gold / Picture: © Vindobona.org
Erste Bank expert Ronald-Peter Stöferle thinks that the rise in gold price is sustainable. He speaks of a bull market – “Gold bubble” is not in sight. By 2012 the gold price could rise to $2300.
The demand for gold is still on the rise, says expert of First Bank Ronald-Peter Stöferle. The fact that gold is seen as a safe haven in times of crisis is ambiguous according to…
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