You may recall a recent blog post I wrote about gold and whether or not it is a good investment. Well, this article over at Reuters reports that gold miners' shares are up as gold futures shot up over $1,000.

The all-time high for gold is $1,033.90 which came last April.

With the stock market dropping this past week, people are looking at other investing avenues. Gold seems to be a "safe haven".

I've always considered gold to be a safe haven because for one, people will always buy gold jewelry. Many luxury items still use gold as a material to invoke "bling-blinginess". (Please excuse the phrase as I couldn't think of a better one!) There are gold phones, gold pens...Heck, even buildings are made of gold!

However, on second thought, is there an investment that is really and truly a safe haven? Or will people flee back to the stock market if gold futures start to slide?

Photo Credit: Jeremy Schultz