Monday, November 5, 2012

Gold, Central Banks and The Force of Arms

Gold, Central Banks and The Force of Arms (via http://www.economicnoise.com)

Gold has been a disappointment of late. Perhaps too much was expected from the precious metal. It is up 11 consecutive years, averaging double-digit gains per year. Recent performance, however, has not been good. Gold touched $1,900 in the third quarter of 2011 and currently sells below $1600. Kitco…


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