In a Panic, Gold is a Store of Liquidity
August 29, 2015 at 07:00 AM EDT
There is panic in the global capital markets and it is pervasive. Let us not mince words here: the fight today is not for a few pips in the EUR or a the continuation of the bear market in commodity related currencies, or the implications of the modest 4% devaluation of the Chinese Renminbi two...