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The contagious gold bug

Posted on 13 December 2012

Gold is holding above $1,700. And everyone says the economy is recovering. The worriers can stop worrying, say the pundits. The US has plenty of cheap oil. Unemployment is going down. Housing is going up. This is not the time to buy gold, they say. The world is not going to end. You won’t need it.
All year long, we’ve heard analysts tell us that the bull market in gold is over. Most recently Goldman’s top commodity man announced that gold will go down next year, as real interest rates once again turn positive………………………………………..Full Article: Source


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