Wednesday, May 12, 2010

EU Debt Crisis: Still Time to Cash in on Gold: Analysts - CNBC

Published: Wednesday, 12 May 2010 | 8:11 AM ET
By: Patrick Allen
CNBC Senior News Editor

Fears that the past weekend’s $1 trillion European rescue package will ultimately drive inflation resulted in investors piling back into gold.
Much of that demand is reportedly coming from Germany, where the memory of hyperinflation between the two world wars continues to significantly influence thinking.
The price of gold is at an all-time high, with demand at its highest level since the collapse of Lehman Brothers.

Read More - EU Debt Crisis: Still Time to Cash in on Gold: Analysts - CNBC

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