Gorączka złota w portfelu inwestycyjnym
GOLD FEVER IN THE INVESTMENT PORTFOLIO
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As a result of the global financial crisis in the investment portfolio apart from financial instruments, non-financial assets, especially gold, have become of great importance. In periods of high turbulence in financial markets "gold assets" are negatively correlated with the stock market. Hence they are important determinants of investment in gold, gold stocks and volatility in the market.
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