Frequent traders are jumping into gold and other metals because they see it as a momentum play.
The best documented way of stabilizing the dollar is to restore its convertibility into gold.
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Or put it another way, as go oil fears, so goes money into gold and silver.
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Against this backdrop, Winmill sees people pouring into gold, from retail investors to central banks.
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The company even branched out into gold mines (Gandur is chairman of Toronto-listed Axmin).
Finally, investment demand has been torrid, as seen with the surge of capital into gold-backed ETFs.
When it is going down, they are better off putting their money into gold.
Further, with no bullish news to drive investors into gold, the metal could soften further.
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Jet travel turned resort areas and hotels into gold mines and helped create the cruise industry we know today.
Can Russians take their dollars to the Fed and demand redemption into gold as one commenter suggests?
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The silver panic spilled over into gold and copper as well, though to a much smaller degree.
This amount of capital flowing into gold has the potential to push prices up a level in 2012.
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Through a seemingly elegant design, lead can be transformed into gold, or, at least, something of greater value.
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According to the disaggregated report, managed-money accounts poured money into gold, lifting their net-long position to the 159, 509.
The announcement mostly served as a reminder of what a struggle it is to turn fat into gold.
Safe-haven demand sent investors into gold, several market watchers said, as the timeframe covered the initial news about Cyprus.
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Central bankers and hedge funders are only putting a small allocation into gold as a hedge or alternative reserve.
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"You can have a Web site that turns lead into gold, " muses Keough.
And as investors look for shelter, they are pouring more money into gold.
Like King Midas turning his daughter and all of his food into gold.
He hasn't, however, been making a new push into gold, his investors say.
And how is all that capital going into gold good for economic growth?
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As the drama has unfolded across the Atlantic this week, investors have piled into gold as a safe haven investment.
This suggests fresh flight-to-safety buying by investors (including into gold), which will pull way demand for risk assets like stocks.
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This is pure Alice in Wonderland stuff the way the market can turn holes in the ground into gold mines.
This is why central banks around the globe have sought protection by diversifying their foreign-exchange reserves into gold bullion this year.
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President Nixon gave us our fiat dollar on August 15, 1971, when he suspended convertibility of the U.S. dollar into gold.
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Hostilities at the start of the week lifted crude oil on Monday, and this spilled over into gold at the time.
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Nixon suspended the dollar's official convertibility into gold this month 38 years ago, closing the "gold window" on Aug. 15, 1971.
Global uncertainty also fueled a stampede into gold for much of 2011.
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