It is part religion, part politics. It is a way to voice a lack of confidence in the central banks of the world and a yearning for the world as it used to be. Gold prices continued to rise, crossing $1,400 an ounce earlier this month, as investors shied away from equities and bonds. It is an investment that historically made sense when inflation was rampant, and yet it is soaring while the Federal Reserve frets about the threat of deflation. It is gold. It is tempting to view the soaring price of gold, which went above $1,400 an ounce earlier...
Source: http://www.realclearpolitics.com/2010/11/26/what_does_rising_gold_price_really_mean_246375.html
Mark Udall Mark Warner Mary Landrieu Max Baucus Michael Bennet
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