What if this dude says it instead?
‘Geopolitical Risks’
http://bloom.bg/1hqnKFW
Gold headed for the second straight monthly gain, the longest rally since August, amid turmoil in emerging markets and concern that the U.S. recovery may be faltering. Gunmen occupied Ukraine’s Crimea regional parliament and raised the Russian flag as lawmakers in the capital meet to approve a new cabinet after last week’s ouster of Viktor Yanukovych as leader.
“Heightened geopolitical risks as tensions in the Ukraine mount are supportive of gold,” James Steel, an analyst at HSBC Securities (USA) Inc., said in a note. “Should events in Ukraine deteriorate and involve neighboring countries, gold could benefit from increased safe-haven demand.”
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