The Return of the Gold Bugs

Gold has been a seriously bad investment for the past four years. That hasn’t discouraged the Gold Bugs who remain bullish on gold no matter what. They see gold as the only safe harbour and believe that its value must go up given all the madness in the world. Perhaps the recent price activity in gold marks a new dawn for the Gold Bugs?

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To hike or not to hike and why should you care?

Next week the Fed will decide whether or not to hike rates for the first time since June 2006. Polls by Reuters and Bloomberg show that the vast majority of market participants expect a rate hike. Any remaining doubt was erased by the positive jobs numbers a week ago. But every time there's a strong consensus about something, there's a chance for a big surprise.

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