The financial story of the week was clearly the epic Goldman Sachs hearing in the Senate.
Between the fabulous Fab's first appearance, all the sports gambling and casino analogies and Carl Levin's scatological focus on "crap pools" and "sh*tty deals," the more than ten-hour-long hearing didn't lack for drama.
But here's a story you might have missed if you were focusing too much on Goldman (GS, Fortune 500). An asset that had fallen out of favor earlier this year is suddenly glittering again.
Forget about Goldman. You might be wondering if it's time to buy gold, man. Gold is now trading around $1,180 an ounce. It's up about 6% this month and is getting closer and closer to the all-time intra day high of about $1,227 from December. (more)
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