Gold's Plunge Has Legs To Run Lower
Posted on February 15, 2013 at 10:44 AM EST
Gold created a lot of excitement in 2011 when it spiked up 25% from $1,500 an ounce to a record high of $1,900 in less than two months. That had gold bugs salivating, and widespread projections of $2,500 gold by the end of 2011, $3,000 to $5,000 gold just a year or two away.
Gold created a lot of excitement in 2011 when it spiked up 25% from $1,500 an ounce to a record high of $1,900 in less than two months. That had gold bugs salivating, and widespread projections of $2,500 gold by the end of 2011, $3,000 to $5,000 gold just a year or two away.
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