Gold to Rally Through 2012, S&P Says
Source: The Globe and Mail, Frank Byrt (8/11/11)
"Standard & Poor's is recommending gold and gold miners as top investment picks."
Standard & Poor's is recommending gold and gold miners as top investment picks only days after downgrading U.S. Treasuries, which sparked a firestorm in financial markets worldwide that boosted the price of the precious metal.
S&P's Equity Research Services unit made the recommendation Wednesday. It is independent of the firm's Ratings Services division, which lowered its long-term credit rating on the nation's debt to AA-plus from triple-A with a long-term negative outlook Friday.. . . View full article