Black Swan [April 12, 2013]
Hedge
against the breadth of sell,
sell-off,
will, expectation that meteoric
may
be coming to an end of gains,
relentless
selling, gold, for the first time
since
the market.
“While
gold is often used as a hedge against inflation the breadth of the
recent sell sell-off will underline some expectations that gold's
meteoric rally may be coming to an end after 12 years of gains.
The relentless selling sent gold below
$1,500 an ounce for the first time since July 2011, and put the
market on track for its worst weekly performance since December
2011.”
http://www.reuters.com/article/2013/04/12/us-markets-global-idUSBRE88901C20130412
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