Ares
11th May 2010, 08:24 AM
Along with the overall market malaise, the other big warning sign right now is the gold surge. The metal is now nearly $1220/oz. As Stacy Herbert puts it: The gold vigilantes are in a shootout with the ECB and the Fed.
http://www.businessinsider.com/gold-is-on-fire-as-market-sneers-at-euro-bailout-2010-5#ixzz0ndAxo5YB
http://www.businessinsider.com/gold-is-on-fire-as-market-sneers-at-euro-bailout-2010-5#ixzz0ndAxo5YB