All that Glitters Is Not Gold: Inside the New Bubble
Up and Down
The latest wild commodity is none other than one of the oldest: gold. A new book by journalist Matthew Hart takes readers on a while ride from South African gold mines to the trading desks where gold fortunes area made and broken.
“We are on the biggest gold binge ever,” writes Matthew Hart. “Never has there been so much to buy and such a frenzied trade.” The economic meltdown certainly played a part in this binge; gold prices doubled between 2008 and 2011 as investors sought refuge from the rocky financial markets....
