With gold (now at $1,583) looking to many like the only safe place in asset hide-and-seek, it's...

|By:, SA News Editor

With gold (now at $1,583) looking to many like the only safe place in asset hide-and-seek, it's pushed into new nominal highs - and contrarians aren't surprised, Mark Hulbert notes, counting an average recommended market exposure of just 34% (two-thirds of gold portfolio in cash). But despite the wall of worry, could Europe woes (and a fired-up ECB printing press) make the metal go "parabolic"?