How the Rising Price of Gold Predicts Continued Economic Turmoil
The recent volatility in stock markets of both the United States and of the European Union underscore how terrifyingly fragile the world economy is right now. By some miracle, inflation has remained somewhat steady, but it is only a matter of time before rising prices strike at the heart of any nascent recovery. In times like these, it is little surprise to see the rise in gold prices that have dominated the investment headlines over the past few weeks. Investors of all stripes are desperately attempting to halt the hemorrhaging value of their portfolios amid the ravages of the stock market.
