Thursday, July 11, 2013

Does gold price collapse signal a vote in economic confidence? | Kenneth Rogoff | Business | guardian.co.uk

guardian.co.uk: "The recent collapse of gold prices has not really changed the case for investing in it one way or the other. Yes, prices could easily fall below $1,000, but, then again, they might also rise. Meanwhile, policymakers should be cautious in interpreting the plunge in gold prices as a vote of confidence in their performance."

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