Bargain hunters look to cash in on gold price slump
The physical demand for gold bullion was "exploding" as people looked to cash in on a long-term investment when the price would likely rise again, predicting it definitely wasn't the end of gold's 12-year bull run.
"Long-term investors and buyers actually see the price fall as a great long-term investment,"
"For example, when the GFC happened gold fell from $1000 to about $700 per ounce and is now in the $1354 range."
Read more: http://www.news.com.au/business/markets/bargain-hunters-look-to-cash-in-on-gold-price-slump/story-e6frfm30-1226623478579#ixzz2Qqd0QCkT
Bargain hunters look to cash in on gold price slumpThe physical...
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