TSX:SGR.UN - Post by User
Post by
hydra100on Jan 09, 2011 8:04pm
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Post# 17946129
SPLAT!
SPLAT!FINANCIAL NEWSGold bugs face interest rate swatting
Giles Turner
10 Jan 2011 Typically an investor’s last refuge in times of economic strife, gold has performed strongly over the past few years. Gold prices increased 30% in 2010, peaking at $1,431 per ounce in November. However, some analysts are beginning to ask whether gold bugs are due a squashing, especially if policymakers have to increase interest rates later in the year.