All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.
The metal is in danger of giving up all its gains since its mid-April low. Some talk has gold falling to $1,250 an ounce.
Stocks surge to new highs after a big hedge-fund manager says he's 'definitely bullish.' Plus, traders are cheered by falling government deficits.
Wall Street's apparent strength is still just as illusory as it was this time last year. And we know how that movie ended. Think 'Jekyll and Hyde' rather than 'Hoosiers.'
Some operations in Africa, Asia and South America employ kids for as little as $2 a day. Yet policing the exploitation is difficult in the porous global metals market.
India is the largest consumer of the precious metal, so investors should understand what drives demand there.
| Tags: | GLDGOLDindiaminyanville |
With Bible verses and beryllium, Jon Stewart laces into pundits who thought the commodity was immune to market forces.
Demand for 0.1-ounce American Eagle coins spiked after a downturn in prices, depleting supplies and closing the door on entry-level bullion investors.
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