Leaning Toward Higher Gold
In August of 2011, the gold market was in the middle of the most dramatic metals rally in history. But August 2012 has been nothing short of a snoozer.
Prices have hovered within a range of about $100 range for much of the year as traders debate the next move by the Federal Reserve, the efficiency of gold as a risk management tool and its performance in regard to inflation. Some of the traditional schools of thought have been challenged in recent months. For instance, the 150 point drop in the S&P throughout May and June was met with bearish-to-neutral trade in the one market traders were betting would see gains in the face of uncertainty. ...377 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
