Gold Investment will be the Safe Haven for 2009

Jonathan Spall, the head of commodities sales at Barclays Capital, said that the gold markets were witnessing a “sea change” as bullion was attracting new players, such as hedge funds who had previously considered gold as a relic from the past.  The bankers at the Kyoto meeting said that nervous investors were so concerned about the stability of the financial system that rather than simply just investing in gold as part of their job, they were placing their own physical money into gold, taking delivery of bullion and coins and effectively placing their investments outside of the financial system.