Fed Tapering Puts Precious Metals In A Pickle
As the decade opened, precious metals (namely gold) were among the most popular commodities for long-term investors. Many had grown comfortable with the commodities as safe haven assets that would help to protect their portfolios from inflation and any unforeseen market dips . But Ben Bernanke may have let the air out of the precious metals world when he announced that the Fed would begin tapering its bond purchasing late this year or in early 2014 [for more precious metals news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: For Long Term Investors: The Cheapest ETF for Every Commodity Contango Report: Commodities Facing Uphill Curves Contango Report: Precious Metals, Natural Gas, Wheat Inside Citi’s 2013 Precious Metals Outlook 3 Metals Outshining Gold
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