Bloomberg’s Alix Steel examines the recent drop in the gold market and looks at past bear markets for a clue as to how long and how deep gold’s slide may be as the commodity is likely headed below $1,300. She speaks on Bloomberg Television’s “Market Makers.”


Bloomberg April 15 2013

Category: Gold & Precious Metals, Video

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One Response to “How Much Lower is Gold Heading?”

  1. BenE says:

    Gold is old people’s bitcoin or as Buffet said:

    “Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head”