LONDON, 16 September 2013 - The fifth anniversary of Lehman Brothers' collapse in 2008 is marked today by an exclusive article from BullionVault for Money Observer, the UK personal finance magazine.
"The phones lit up when Northern Rock failed in September 2007," writes head of research Adrian Ash. "But demand to buy gold was simply phenomenal when Lehmans failed 12 months later.
"The reason? In the first financial panic of the digital age, it was still gold - the barbarous relic - that made the perfect safe haven once more."
Adrian's full article, which is also syndicated to the popular iii website, can be seen at Money Observer here:
Who needs gold five years after Lehman's?
Gold bullion - Buy online at live gold prices.
Source:
Money Observer
