Dear Sage Gold Shareholders,
In an effort to keep you up to day on all pertinent information regarding Sage Gold, please see that attached industry bulletin. "This is a perfect storm for gold," says Joe Foster, portfolio manager of the Van Eck International Investors Gold Fund. Gold is often seen as a safe haven for nervous investors. That makes it a popular place to park money in the midst of a global financial crisis.
Click
here for the full article.
Regards,
AGORACOM Investor Relations
Investors Rush to GoldPrices for the metal -- and mining stocks -- are moving higher as investors look for protection from financial crises
by Ben Steverman
Gold moved above $700 an ounce on Sept. 6 for the first time in 16 months as investors bought up the metal for both its practical uses and its symbolic importance in uncertain times. In New York, December gold futures rose $13.90, or 2%, to close at $704.60.
And shares of companies that mine the shiny stuff also benefited. The S&P Gold index gained 4.68% on Sept. 6, paced by major players Barrick Resources (ABX), which soared 8.4%, and Newmont Mining (NEM), which gained 4.3%.