Peter Krauth writes:
I’m an avowed gold bull, and I truly believe that gold investors will end up benefiting from the biggest bull market of our time.
But we have to be honest: Investor psychology plays a crucial role in shorter-term investment results. And recent trading patterns clearly demonstrate that most of the recent increase in the price of gold is due to the debt-ceiling debate in Washington, as well as the European sovereign-debt crisis that continues to lurk in the background.
Monday, August 01, 2011
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