The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Morgan Stanley foresees fiat currency worries driving investors toward gold, silver; emerging markets demanding more base metals
Precious and base metals alike enjoyed significant price gains over the past year, a bull run that is expected to carry into 2011, according to the Morgan Stanley Global Metals and Mining Team.
Safe-haven investments, driven by worries of a softening U.S. dollar and a spreading of the European debt crisis, are expected to keep investors buying large quantities of gold and silver. At the same time,...
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