The uncertain economy, high unemployment and soaring gold prices are luring droves of dreamers to the gold fields. But while few prospectors will hit paydirt, the biggest beneficiaries of the new gold rush will be the merchants and servicers who support the intrepid ore-hunters.
Prices for copper, gold, wheat, corn and oil are soaring. But how can small investors can take advantage of this growth without taking on way too much risk? That's a good question, indeed. And here are some good answers.
Gold prices reached a record high today as the Bank of Japan cut interest rates and many countries indicated that they may boost currency liquidity, Reuters reported.
Recent reports show that several banks have begun advising their wealthiest individual clients to put as much as 10% of their assets into the precious metal. And some are stocking up by the ton.
