Why Gold Went Up $50 Yesterday
June 20th, 2014 Michael Lombardi
Well surprise, surprise, surprise.
Gold bullion rallied just under $50.00 an ounce yesterday…and nobody expected it. (Okay, maybe just me. In a single day yesterday, my portfolio went up by twice the amount the stock market has risen in all of 2014.)
Going through all the major financial web sites, I read story after story yesterday on why gold was rising so fast. They were all wrong; just reporters grabbing at straws, trying to explain something they know very little about.
Source: http://www.advisorperspectives.com/dshort/guest/Michael-Lombardi-140620-Gold-Update.php
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