World Financial: “Watling Financial” – Ignoring Gold Price Volatility.

PRLog (Press Release) – Oct 06, 2008 – European-based precious metals specialists, “Watling Financial” apparently believe that the recent dip in precious metals prices has handed investors an opportunity to acquire holdings cheaply.

The news comes as deepening financial turmoil on global equity and credit markets forces investors to liquidate hitherto profitable trades and holdings to meet margin calls.

“Watling Financial” are thought to believe that hedge funds and banks anticipating withdrawals from concerned investors are closing long positions to make cash available.

A source close to “Watling Financial” said that gold prices may exhibit volatility in the very near-term but will most likely return to trend as investors witness the effect the US government’s bailout plans have on the value of the dollar.