Two Moves to Make as the Fed Inflates the Commodities Bubble [View article]
It is not true that there is no natural dampening of demand for gold as the price rises. Purchases of gold jewelry in the arab countries as well as India have declined and demand for gold jewelry in developed countries is off as well.
The author clearly has no understanding of US financial markets or any ability to grasp what would have happened following an unsupported collapse of Bear.
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Backroom Bear Stearns Deal Exposed [View article]