As stocks continue surging higher on absolutely no news (let along good ones), the one and only natural offset to the demented and deranged actions now undertaken by all central banks continues to be gold, which just moments ago touched on new all time spot highs at $1283.80. And while the president is touting Brian Sack and Ben Bernanke's fantastic handling of the stock market year to date, perhaps he or one of the other members of his shrinking economic team can explain why the S&P in terms of gold is down 12.65% Year to Date!
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