Michael Murphy

Gold ‘Safe Haven’ Status Fading as Prices Drop

December 20, 2011 James Heinsman Hedge Fund News

The price of gold has fallen more than 17% since its all-time high in September, as hedge funds are forced to sell the metal and the strengthening dollar lowers its ‘safe haven’ status. Some experts in the field even say it may fall as far as $1,000 an ounce. “Gold was a safe haven, a […]

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Gold Prices, Hedge Funds, Michael Murphy, Precious Metals, Rosecliff Capital,

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