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MarketWatch: Gold Demand Rises on Fiscal-Cliff Worries

LONDON, 9 November 2012 - Comment from BullionVault's chief economist, Ben Traynor, is featured today in two separate reports from MarketWatch, the financial news service from the Dow Jones family of companies.

"The dust is still settling after the US election," MarketWatch quotes Ben. But "despite all the hoopla surrounding the election, nothing of substance has changed.

"The focus has started to shift towards the fiscal cliff...[But] events elsewhere will also be a factor for the market."

Noting that BullionVault is "a physical gold and silver market for private investors online," MarketWatch further quotes Ben's latest comments, adding that "For all its economic significance, the fiscal cliff is at heart a political issue, one that revolves around whether politicians [...] can reach a temporary agreement

"Europe's problems go much deeper than that."

You can read Ben's comments to MarketWatch in this report and also here...


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Source: 
MarketWatch