Wednesday, March 20, 2013

Something is wrong when yields are low but the risk is high





There was a time, some years ago, when a trip to Hong Kong Mines and Money conference was one filled with optimism and talk of growth, profit and so on. These days the message is more mixed. No more so than when discussing gold.


When the real economy is in good shape, the outlook for gold weakens. When it's not, gold rises. That's when the price signals are working correctly.









via Business feed http://www.scmp.com/business/article/1194921/something-wrong-when-yields-are-low-risk-high

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