| Gold may not be money, as Fed Chief Ben Bernanke said Wednesday, but it continues to be a decent bet, at least on paper, so far this year. Just please don’t let the headlines infect you with yellow fever yourself. Gold, in isolation, is just a form of speculation. And fever, remember, is a symptom of disease.
Inflation fears and instability in the euro zone helped push the price of gold up to nearly $1,600 an ounce at one point Thursday on the New York Mercantile Exchange and it settled at a new all-time high of $1,589..............................................Full Article: Source
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