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TheStreet: Gold Rises as Stocks Slump

NEW YORK, 5 June 2013 - BullionVault analysts in both New York and London are quoted today by leading US financial news site, TheStreet.com.

"The numbers that have been coming out gave all these shorts pause," TheStreet quotes Miguel Perez-Santalla, vice-president of business development at BullionVault, speaking about bearish traders who are betting against the gold price.

"Gold has rediscovered its negative correlation with stocks," adds Adrian Ash, head of research at BullionVault in London, "and that's working in its favor right now."

You can read both Adrian and Miguel's comments at TheStreet here:

Gold Rises as Stocks Slump


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Source: 
TheStreet