Gold Fundamentals Will Prevail Despite Market Crisis
Source: Mineweb.com (9/11/07)
Gold could be a beneficiary of the sub-prime crisis as declining US real interest rates could provide strong support for the price of bullion, said Craton Capital Precious Metal Fund.
The fund's view is that the sell-off in small to mid-sized companies during the August market turmoil was not based on fundamental and sector specific factors. It believes the relative under performance of this asset category was typical in a market correction of this nature.