JVB-BSullivan-Econ-Comment-090809

Broker Dealer / Institutional / Advisor Use Only September 8, 2009 ABOUT BILL SULLIVAN Gold reclaims $1,000 as joblessness soars Gold prices have firmed dramatically William V. Sullivan, Jr. outlook, as the strength in gold allegedly is serves as Chief Economist during the summer of 2009. Indeed, after doing. Conceivably, the lack of affirmation at JVB Financial Group, falling to just above $900.00 per ounce in in the Treasury arena could be a signal that working closely with the early July, the yellow metal has soared by the upturn in gold is not an inflation alarm firm’s trading desk, nearly $100.00 climbing above the $1,000.00 but is actually a function of other concerns, providing analysis and commentary on the U.S. mark for the first time in seven months. The including renewed worries about the credit economy and the financial formidable up-move has caught many market environment. markets. Among his duties observers off guard and, in turn, has spurred Gold investments are somewhat unique are authoring a weekly a variety of explanations as why this metal in that at times the yellow metal can be report on credit market has recently reclaimed its historic high. trends and maintaining a employed as a store of value against future regular schedule of Clearly, the stronger trend in gold prices inflation but it can also be utilized as a safe-conference calls that focus has occurred in conjunction with some haven vehicle for portfolio managers. on ...