30% Plunge in Gold Prices? Disaster For Some Gold Miners
August 08, 2013 at 08:30 AM EDT
With the SPDR Gold Shares (NYSEArca: GLD), the world’s largest ETF backed by physical gold, down nearly 24% this year, further significant retrenchment in gold prices may be a hard concept to fathom for some gold bugs. As it is, with gold prices struggling to stay above $1,300 per ounce and move...
