3 Ways to Profit as China Causes Gold Prices to Spike
Martin Hutchinson submits:
When gold recently sold off and fell as much as 8% below its record high level of $1,260 an ounce, investors had to be more than a little concerned.
With the huge debt loads that top world economies have taken on to rebound from the worst financial crisis since the Great Depression, investors have grabbed onto gold as the best way to hedge against the inflation and other financial calamities they felt were certain to come. So far, those calamities haven’t materialized.
