Art Cashin - Precipice of a Broad, Dangerous Global Contagion

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/6/1_Art_Cashin_-_Precipice_of_a_Broad%2C_Dangerous_Global_Contagion.html

When asked about the spectacular move in gold today, Cashin responded, “In the Middle Ages, people were always looking for alchemists who could change the substance of something into gold. 

This morning at 8:32 AM (EST), gold converted from just another asset class, back into safe haven status.  People scrambled saying, ‘I’m not sure which currency, I’m not sure which continent, which area can offer me safety.  Let me buy some of the yellow metal.’”