CNN Your Money June 9, 2013 19:19:00
Fine because lower gold prices imply higher confidence in their monetary policies. right now, they could be summed up in two words, print money. that confidence may have pushed investors away from gold and into stocks, which are now trading near all-time highs. but it can't last forever. all that extra money in the financial system could fuel inflation, and that would make gold attractive again as a safe hedge against rising prices. >> my suspicion is that gold's looking for a bottom, either this month or next. and you'll likely see gold resume its upward trend in coming years. >> it costs aro...