Worldwide Stocks: “HCS Worldwide” – (Gold Prices Hold Firm)

Oct. 8, 2008 - PRLog -- Sources close to “HCS Worldwide” say that gold continues to hold firm as the turmoil in global financial markets deepens.

Demand for gold bullion from the investment community is rising as part of a broad-based flight to quality according to the “HCS Worldwide” sources.

Gold has effectively loosened its tight correlation with crude oil in recent weeks as equity market conditions have deteriorated along with investors’ confidence. Gold’s status as a safe-haven has been earned courtesy of its performance during previous economic crises.

“HCS Worldwide”, along with other commentators, apparently believe that the precious metal currently represents good value for money especially as prices are tipped to eclipse the record set in March 2008.

The “HCS Worldwide” source said that clients of the firm had been advised to acquire gold and associated mining stocks.

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