Gold Moving Higher as Investors Flee to Safety on Nasdaq Meltdown Videos
Gold is continuing its crawl back to high levels as investors are becoming leery of risk taking. David Williams of Strategic Gold says gold is still at a great price and as investors see the daily selling in momentum stocks at NASDAQ, they are shifting to safety. The NASDAQ has dropped 5% over the past month and each day it drops it pulls the other indices down with it. Also, the Federal Reserve minutes have given gold investors more confidence to buy.
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