Tuesday, April 16, 2013 | Categories: Business, Episodes
For enthusiasts it’s always been a certain thing in uncertain times. But the price of gold has dropped like a brick in the last few days. We ask if its still an investment that’s good as gold.

Currency Strategist at Scotiabank, Camilla Sutton

Rumours of a big sell off in Cyprus may have started the tumble, but it soon became an avalanche. If you’re not a gold bug, you may have been surprised to learn the metal had been selling for so much. If you are a gold bug you certainly are surprised at gold’s sudden loss in value.

And if you’re a gold producer you may be positively alarmed since gold has become so expensive to produce. In two days, gold experienced its most dramatic drop in more than thirty years.

If this continues, it could soon not be worth the trouble to mine. What’s going on, is this a just short-term dip? Or is gold losing its lustre as the sure thing for unsure times?

To talk more about that we were joined by Camilla Sutton. She is chief currency strategist at Scotiabank and she was in Toronto.

Documentary Director of The Secret World of Gold , Brian McKenna

We started this segment with a clip from the new documentary The Secret World of Gold, which airs this Thursday night (April 18th) at 9:00 P.M. on CBC-TV’s The Doc Zone.

With more on what he uncovered in that secret world, we were joined by the documentary’s writer and director Brian McKenna from Montreal.

This segment was produced by The Current’s Howard Goldenthal, Shannon Higgins and Melissa Shaw.

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