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Keynote Speaker at LBMA Conference Cites Huge Increase in Investment
by http://www.panamericanmetalsofmiami.com/ on Sep 21, 2011
MIAMI, FL - Pierre Lassonde, keynote speaker at the LBMA conference in Montreal, stated today, September 19, that the biggest change in the gold market over the last decade has been a huge increase in investment demand, from 4% to 37% and growing. This is a dramatic increase by any standards and must reflect the ever-present desire for investors to find a safe haven for wealth protection. Bearing in mind that, in the US, the past decade has taken us from the immediate aftermath of 9/11 through the economic recession that started in the fall of 2008, this concern on behalf of investors is quite understandable.
Current macroeconomic factors are not likely to ease these concerns any time soon, suggesting that investment demand will continue to grow. Debt concerns in the euro zone persist, despite temporary 'fixes' and growth and employment figures in the US are disappointing.
"Concerns about the global economy are fueling investment demand in the western...Read More >>
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Keynote Speaker at LBMA Conference Cites Huge Increase in Investment
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Keynote Speaker at LBMA Conference Cites Huge Increase in Investment
by http://www.panamericanmetalsofmiami.com/
MIAMI, FL - Pierre Lassonde, keynote speaker at the LBMA conference in Montreal, stated today, September 19, that the biggest change in the gold market over the last decade has been a huge increase in investment demand, from 4% to 37% and growing. This is a dramatic increase by any standards and must reflect the ever-present desire for investors to find a safe haven for wealth protection. Bearing in mind that, in the US, the past decade has taken us from the immediate aftermath of 9/11 through the economic recession that started in the fall of 2008, this concern on behalf of investors is...
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