STAFF NEWS & ANALYSIS
As Metals Continue to Perform, Brexit Is Not the Only Driver
By Daily Bell Staff – July 06, 2016
Gold Stocks Dodge Drop as Risk Aversion Hits South Africa Assets … Gold producers escaped the worst of a two-day sell-off in South Africa as investors around the world switched to safer assets. While the rand headed for its biggest decline against the dollar in a week and was the second-worst performer in emerging markets, South Africa’s gold mining index jumped to the highest since February 2012 as investors sought havens from turmoil following the U.K. vote to leave the European Union. –Bloomberg
Once again, Bloomberg writers and editors can’t help themselves.
Metals are spiking around the world, but they include “gold” in a headline about a South African selloff,
All part of the anti-metals crusade that Bloomberg constantly wages.