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Description: The gold rally revved up again Friday, nearly hitting a record $1,250 an ounce, before slipping later in the day in volatile trade. Stock market jitters and Europe’s debt troubles have sent investors flocking to the precious metal, but why?

Source:  CNNMoney.com

Date: 05/14/2010

Link: http://money.cnn.com/2010/05/14/markets/gold_record/index.htm
 
Questions for discussion:

  • Why has gold risen in price?
  • Why are currencies in trouble?
  • What is your behavioral expectation for gold and major global currencies over the next six months?

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