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Market panic pushes gold buying to highest level since financial crisis

Thursday, February 11, 2016 8:19
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(Before It's News)

The stock market plunge has triggered a gold buying spree with a popular fund that tracks the metal accepting the most cash on a single day since the financial crisis on Tuesday.

Index fund provider ETF Securities told Telegraph Money that February 9 saw the most money flow into Gold Bullion Securities, its gold tracking fund, since January 2009. Investors poured in £239m.

James Butterfill, head of research, said investors had become more cautious and were buying gold to shelter from stock market volatility …. http://www.telegraph.co.uk




Source: http://luismmx.blogspot.com/2016/02/market-panic-pushes-gold-buying-to.html

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  • YOU WOULD HAVE TO BE BRAIN DEAD TO BELIEVE ALL THE LIES THAT ARE LISTED ON BEFORE ITS NEWS. MOST IS JUST A BUNCH OF PURE GARBAGE. PURE CHIT SITE. :evil:

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