With expectations now raised that the Federal Reserve Bank might be even more accommodative than they already are given the latest disappointing data, gold prices are approaching a 2-week high and are on track to record a fifth straight day of gains, as investors are once again seeking safe haven assets. Some precious metals strategists believe that the bull run is likely to continue at least through 2014, and suggest not only going long on gold (of course, buying at the dips), but that investors should also go long on silver, which tends to track gold’s trend. Read more
Forex