Listening to "financial astrologers" causes investors to jump in and out of the markets, usually at the wrong times. It's great for the securities industry. It's terrible for investors, most of whom would be better off if they never invested.
The classic safe-haven investment has seen a strong uptrend in value since the autumn of 2008. Various factors have been credited as drivers of this move, but what is the risk gold could lose its luster?
For the sixth annual Summit Series, an invite-only gathering of elite entrepreneurs held earlier this month, 1,000 attendees paid $3,500 each to board a 14-story ocean liner for a three-day cruise in the Caribbean.