Thursday, April 4, 2013

DailyMarkets.com - Allure Of Safe Haven Assets Fade

DailyMarkets.com - Allure Of Safe Haven Assets Fade


Allure Of Safe Haven Assets Fade

Posted: 04 Apr 2013 09:18 AM PDT

Thursday, April 4, 2013
Gold has fallen out of favor with many investors, who no longer see the metal as a safe haven asset. The Fed has created an environment where risky assets are at a premium to safe haven bets, which have had lagging returns. The Cyprus situation failed to create enough panic to drive Gold prices. Technically, Gold is in a vulnerable position, having broken support at 1565. If prices reach the 1520 level, it will likely signify a technical bear market from 2011 … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

IShares Nasdaq Biotechnology Index Fund (IBB) : Short Sell @ $159.64

Posted: 04 Apr 2013 08:14 AM PDT

US Stocks Pare Gains, Jobless Claims Spike

Posted: 04 Apr 2013 08:03 AM PDT

04/04/13 US stocks saw choppy trading following central bank meetings and global economic data. Best Buy shares rose after announcing a new floor … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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