The Swiss Bank surprise has investors rushing into Gold

Posted By on January 15, 2015

While watching the stock market decline and gold prices gold_iau150115rise this week (Swiss franc against the euro decoupling) and listening to economists suggest deflation is likely, it is becoming clear that the slowdown overseas will be impacting earning for large cap companies and international funds. The U.S. economy seems to be holding up, but pension funds and retirees heavy in bonds and interest oriented investments will likely lag the returns seen by mid and small cap Gold16days150115stocks and funds where sales are more heavily tied to North America.

Perhaps the one conservative investment to look at is something tied to gold? It may move higher as European investors continue to look for safety after the Swiss National Bank announcement and signs that gold has risen past it’s 200-day moving average.

The Spot Gold price today (below) rose over 2%on today’s news making a climb of nearly $80/oz since the beginning of the year … only 15 days ago (graph right).



Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.