Piling on Gold

With the price of gold down about 6% in the last month, following almost four years of declines, the gold bears have become emboldened.

Could it be that all the piling on in the financial press has merit? It certainly seems that way, even if it might rub contrarians the wrong way.

A fresh trend piece by Bloomberg makes the case that gold is down in part because it has lost its “charisma.”

From Barron's http://online.barrons.com/articles/piling-on-gold-1438207360?mod=rss_barrons_this_week_magazine