Unfortunately, as Mike Boehm wrote, "SoCal billionaires [are] plentiful, but most are not known for giving big sums to the arts." Luckily Eli Broad had a good year.
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A number of market pros, including a long-term gold bull, are having some second thoughts about the metal's near term prospects. Some argue that the price of gold could be vulnerable to a stiff decline.
Their message is unmistakable: Investors, clearly running scared, are convinced the bloodbath is far from over.
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