This surge in gold demand makes it difficult to determine whether the precious metal's price—already over $1,900 an ounce for futures contracts—is, in fact, too precious. [...] Still, there are benefits in diversification. Commodities like gold are generally uncorrelated to the movements of stocks and bonds. Unlike paper currencies, gold is not at the mercy of government policy.
Ken Tumin5,418 posts since Nov 29, 2009 Rep Points: 122,997