Be ready to sell your gold then buy it back again at a lower price. Don't I mean buy gold then get ready to sell it? Nope. Not this time. Many hedge funds and institutions are using gold to collateralize their marginable assets right now.
U.S. stocks fell, sending the Dow Jones Industrial Average toward its biggest loss since June, amid disappointing results at companies from 3M Co. to DuPont Co. and as commodities erased their gain for the year.
Chairman Ben S. Bernanke told lawmakers last week the “central question” confronting the Federal Reserve at its next meeting is whether growth is fast enough to make “material progress” reducing unemployment.