Wall Street Greek

Editor's Picks | Energy | Market Outlook | Gold | Real Estate | Stocks | Politics
Wall Street, Greek

The Wall Street Greek blog is the sexy & syndicated financial securities markets publication of former Senior Equity Analyst Markos N. Kaminis. Our stock market blog reaches reputable publishers & private networks and is an unbiased, independent Wall Street research resource on the economy, stocks, gold & currency, energy & oil, real estate and more. Wall Street & Greece should be as honest, dependable and passionate as The Greek.


Seeking Alpha

Thursday, September 17, 2015

Gold is a Responsible Hedge at Times of Terror Risk

Gold and relative securities are a responsible hedge now against dollar exposure because of the risk of terrorism around the September 11 memorial and also on the possibility that the Federal Reserve refrains from rate action. Either would likely harm dollar strength and lift gold prices higher.

FBI Director James Comey said at an intelligence community conference Thursday: “We’ve long found, as you know with al Qaeda, an organization trying to motivate acts in association with that date,” he said. “And we’ve seen some focus on date in [the Islamic State’s] efforts to motivate violence in the homeland.”

See the full report on gold and terrorism risk here. 

Precious Metal Relative
SPDR Gold Trust (NYSE: GLD)
iShares Gold Trust (NYSE: IAU)
ETFS Physical Swiss Gold Trust (NYSE: SGOL)
iShares Silver Trust (NYSE: SLV)
ETFS Physical Silver Trust (NYSE: SIVR)
Market Vectors Gold Miners (NYSE: GDX)
Market Vectors Junior Gold Miners (NYSE: GDXJ)
Direxion Daily Gold Miners Bull 3X (NYSE: NUGT)
Goldcorp (NYSE: GG)
Randgold Resources (Nasdaq: GOLD)
Barrick Gold (NYSE: ABX)
Silver Wheaton (NYSE: SLW)
Coeur Mining (NYSE: CDE)
Silvercorp Metals (NYSE: SVM)

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.

terrorism news

Labels: , , , ,

free email financial newsletter Bookmark and Share

0 Comments:

Post a Comment

<< Home