Gold’s Hangover from Hell
EuroMoney – July 2013 After its party in 2011, gold is suffering the mother of all hangovers. The price of gold peaked in August 2011 at $1,883 per ounce, a level some would call irrational exuberance, and even its admirers acknowledged was probably too expensive. “The $1,800 level was not justified,” says Andrew Schneider, CEO of […]