Gold is well on its way to $4,000 per Troy ounce, with a 50% rise in the last year alone.

As its always treated as a safe haven (although as discussed in my time line a couple of weeks ago that looks like a chimera in a world of Gold certificates rather than actual gold transfers) & as such could well indicate to many that institutional investors (whose demand is driving the price rises) might be getting the jitters.... so should we?

#gold #economics #politics

h/t FT