09.06.2014 - Gold's key fundamental driver
Barry Ritholtz is out with another article spelling more doom for the precious metals sector and the gold bugs. The self-proclaimed “Gold Agnostic” penned a 2,500 word missive in January which followed a blog post amid the spring 2013 collapse titled “What are Gold’s Fundamentals.” For the record, Ritholtz’s calls on the markets and gold have been very good. He was bullish during most of the 2001-2011 advance and sold out prior to the 2013 breakdown. But while the anti-gold bug mainstream eat up his gold analysis like a lap dog, we have to mention some errors and a startling omission of gold’s key driving force...............................................Full Article: Source
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