True, gold is not soaring that high, but it has increased this year, and is rising sharply. Of course, this is partly due to the commodities cycle - it has been down a long time - must move up. My own belief is that gold will rise, and might be $500 by the end of the year.
Yes but it has taken 5 years to reach $460 and it fell today and what about the trade-deficit shrinking as the dollar falls? Complete BS.