1. It is no doubt a gloomy situation for the stock markets on the global front like Lehman Bros going bankcrupt and as a net result the investors are shying of investing in the stock market.
2. Moreover there is no transparency seen in the $700 billion bailout package and people feel that it is not going to make much of a difference to the global crisis.
3. Marc Faber an Investment expert feels that bailout package is a bad proposal and it will distort market pricing. As a result the uncertainty of the bailout package is making the investors run towards avenues offering safety and as a net result we saw a sharp swing in gold and silver prices.
11 Oct 2008
2 Reasons for crash in stock market and rise of gold prices
2 Reasons for crash in stock market and rise of gold prices
2008-10-11T00:33:00+05:30
Analyst
crash in stock market|
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