Art Cashin's Trader's Edge 2.26.10
Airtime: Fri. Feb. 26 2010 | ET
A countdown to the opening bell, with Arthur Cashin, UBS Financial Services director, floor operations.
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Will Gold Replace Currencies?
Gold has reached record highs in recent weeks, but it will continue to go much higher in price, Ben Davies, CEO, Hinde Capital said. Davies said he views gold, not as a commodity, but as a cash supplement. Less developed countries will buy gold to increase reserves, he added.
