"Gold must hit $2,200 an ounce to match its real peak of Jan. 1980. Or so almost everyone thinks..." What’s in a number? Ignoring the day-to-day noise, more than a handful of gold dealers and analysts reckon gold will hit $2,200 an ounce before this bull market is done. Why? Because that's ...read more

Mike Shedlock examines two articles by Bernie Schaeffer on the subject of volatility, finding the opinions interesting but the recommendations puzzling. Risk Management, OPM, and Volatility ENQUIRING MISH READERS just might be asking the following question: "How do risk management, other people's money, and volatility interrelate?" Let's start with this article by ...read more