Pop!

Gold has not had a good week. The April contract closed at $1004.30 on Tuesday. It dropped $59 yesterday and it’s down another $25.30 today.

From Karl Marx in 1867:

A commodity appears at first sight an extremely obvious, trivial thing. But its analysis brings out that it is a very strange thing, abounding in metaphysical subtleties and theological niceties.

Posted by Eddy Elfenbein on March 20th, 2008 at 3:17 pm

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