Gold Bears Defy Rally as Goldman Closes Short Wager: Commodities

There are so many misinformed opinions on gold's recent rally from its stunning decline that I had to print this article.  The reasons/excuses/rationalizations/causations cited are conventional and stunningly misguided--even the title is misleading, and suggests Goldman's short call was prescient.  It was, but never mind that its "rapidity" was collusive and manipulative.  I'll let the physical gold bugs read and laugh (as opposed to leveraged gold longs who will read and whimper).

http://www.bloomberg.com/news/2013-04-28/gold-bears-defy-rally-as-goldman-closes-short-wager-commodities.html