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home / news releases / AAAU - Memories Of 2008 In Gold


AAAU - Memories Of 2008 In Gold

The 2008 financial crisis in the US and around the world was a period where the housing and mortgage-backed securities meltdown and European sovereign debt crisis caused investors and traders to scurry to the sidelines as prices fell precipitously. The prices of almost all markets across all asset classes plunged. In 2008, financial reasons were the root cause of the problem. The world's central banks led by the US Fed quickly arrived on the scene to provide unprecedented amounts of liquidity. At the same time, government bailouts of many financial institutions, and in Europe counties,

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Stock Information

Company Name: Goldman Sachs Physical Gold ETF
Stock Symbol: AAAU
Market: NYSE

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