Gold: Top mania candidate
The Financial Post.com reports that in spite of recent price moves downward for gold, the run is not over.
The editorial is quoted as saying:
Mr. Zyblock does not believe the recent weakness in gold suggests the story is coming to an end. He told clients that the back-up in real interest rates and some firmness in the U.S. dollar index, which have served as a counterweight to gold’s ascent, seem to be more market driven than lasting.