Otmane El Rhazi from Investor's Business Daily - Investing RSS.
Gold showed little sign Monday of recovering from its nosedive last week, which accelerated after the Bank of Japan redoubled efforts to revive a sluggish economy. SDPR Gold Trust (GLD), the world's largest ETF felt comfortable allocating to riskier assets (Friday)," said Kevin Mahn, president of Hennion & Walsh, which oversees more than $670 million in client assets. They backed away from haven assets such as precious metals and U.S. Treasuries,
Gold showed little sign Monday of recovering from its nosedive last week, which accelerated after the Bank of Japan redoubled efforts to revive a sluggish economy. SDPR Gold Trust (GLD), the world's largest ETF felt comfortable allocating to riskier assets (Friday)," said Kevin Mahn, president of Hennion & Walsh, which oversees more than $670 million in client assets. They backed away from haven assets such as precious metals and U.S. Treasuries,
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