GLOBAL STOCK MARKETS ARE PLUMMETING and commodities no longer offer a place for investors to hide -- except for gold, it seems.
Despite a Friday selloff for the metal, gold futures still rose 3% last week, while the S&P 500 tumbled 18% and oil slid 17%. Gold remains 14% off its March highs.
In January, Van Eck portfolio manager Joe Foster looked like a sage in touting the benefits of gold and gold-oriented funds like his International Investors Gold Fund (ticker: INIVX) to Barron's.Alexander Eule
$28.7 (10/21/08)
