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Today's financial journalism
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Author:  J Kaufman [ Thu Apr 11, 2013 9:02 am ]
Post subject:  Today's financial journalism

A headline reader might ask, "If it was long a secure investment, how come all of a sudden it isn't a secure investment?" Answer: The "secure" was how those selling gold as an investment touted it; and, like tulips and barrels of oil, it turns out to be valued by the market at exactly the price someone else is willing to pay for it at exactly that particular moment.

Gold, Long a Secure Investment, Loses Its Luster
[Times]

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