[Ed. Note: For the record, we’re getting as tired of these article titles as you are. The painful recent reality suggest that there is NO safe harbor from the criminal fiat system. Though we do understand that long term, history is on gold’s (and our) side.]
As major banks and financial institutions continued to paint a dismal picture for gold this year, some analysts still bats for gold for its ability to remain as the best tool for wealth protection.
They said gold’s safe haven appeal cannot be deleted permanently,despite the metal extended its drop this year to 23 percent, as long as global economy remained volatile with lingering European sovereign debt crisis to top the list.
Gold has slumped into a bear market after 12 annual gains and its decline has shattered the confidence of those people who thought prices would climb indefinitely.
Some analysts however said gold remained the best solution against the backdrop of debt distress and fiscal pitfalls in the world and particularly in Europe.
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