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Will This Affect The Price Of Gold?

AGBF

Super_Ideal_Rock
Premium
Joined
Jan 26, 2003
Messages
22,082
Greece is about to default on its debt. Stocks have plummeted on Wall Street. Is the price of gold about to climb?

AGBF
 

stracci2000

Ideal_Rock
Premium
Joined
Jun 26, 2007
Messages
7,002
Oh , good point!
I check gold prices everyday, just because I am a jewelry lover.
It has been hovering around $1200/oz. for a long time. I will be watching!
 

kenny

Super_Ideal_Rock
Premium
Joined
Apr 30, 2005
Messages
31,763
I doubt it.
Greece is a tiny percentage of the global economy.

Fear, greed, and overreaction/panic drive the markets daily and hourly.
Momentary blips will subside.
 
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