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View Full Version : Gold Top Pick at Morgan Stanley as Europe Crisis Drives Demand - Bloomberg



NewsWhore
11-17-2011, 01:00 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFeuacYisc_Segc12UwKlPAp3AxJg&url=http://www.bloomberg.com/news/2011-11-17/gold-top-pick-at-morgan-stanley-as-europe-crisis-drives-demand.html)
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Gold Top Pick at Morgan Stanley as Europe Crisis Drives Demand (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFeuacYisc_Segc12UwKlPAp3AxJg&url=http://www.bloomberg.com/news/2011-11-17/gold-top-pick-at-morgan-stanley-as-europe-crisis-drives-demand.html)
Bloomberg
That month saw gold prices tumble 11 percent as the dollar rallied 6 percent against a six-currency basket and the MSCI All-Country World Index slid 9.7 percent. “This is a restoration of a more normal relationship with the US dollar,” said Richardson. ...

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