Paradox: The Rich List Poor on Gold

Kitco.com reported on The Rich List Poor on Gold:

Gold’s eight-day run to near the $1230 area appeared to run into a bit of profit-taking overnight as the euro stopped crumbling. At the same time, not much was given up in values as apprehensions about European bank writedowns remained visible. The Economist features a cover that looks much like a poster for the next installment of the movie “Jaws” and the title “Fear Returns” right on top of it.

Click here to access the entire Editorial