Sunday, May 2, 2010

Paul sees possible troubling trend with Global Financial System and gold


Ron Paul: I see a development in the Gold market. For years, Gold has acted like commodity and roughly tracked the stock market. Last week, I believe due to major instability in the Eurozone (Greece and Spain), Gold went up and the markets went down, evidence that Gold is acting like a safe haven currency. I'll pay close attention this week, this could spell troubling things for the global financial system.