Gold to Rally Through 2012, S&P Says

Source:

"Standard & Poor's is recommending gold and gold miners as top investment picks."

The Globe and Mail, Frank Byrt

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

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