Fundamentally, I’ve thought gold has had a great story for many months. After all, there are only so many billions of dollars that governments can spend and use for bailouts, and there’s only so much money the world’s various central banks can print, before investors begin putting their money into hard assets instead of paper currencies. Heck, I’m no deficit hawk, but projections of trillion-dollar deficits in the U.S. alone for the next few years do not spark confidence in the Greenback. Many other countries are in the same boat. But gold prices really didn’t budge much during last...
