| The gold bugs are in total disarray. After crowing about how gold must rise to stratospheric levels, they are at a loss intellectually, although not financially, since most of them bought at much lower prices.
The primary feature of the financial markets this week – and, indeed, for many weeks past – has been the very high level of volatility. Price swings far in excess of anything considered normal in a given market have now become commonplace, to the point that if they continue, the accepted notions of “normal” will have to be adjusted or thrown out entirely...............................................Full Article: Source
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