During the hard economical times in our country many of the investors are losing money in stocks for certain companies while other companies are thriving. News on behalf of Morgan Stanley that it cut its global growth forecast worried every investor out there that had invested money on some companies that fluctuate. This news meant that the economy was near a recession.

On August 18th 2011, gold hits all-time high price at $1,826 per ounce. This is due to the fact that investors took out there money from previous stocks and invested it in gold.

Gold is a traditional U.S investment and therefore these investors knew that it would be a safe and good idea to invest in gold.