At the end of a hugely volatile week for precious metals, the only positive thing we can say about the gold price is that it ended the week at a very similar level to the previous weekly close in the U.S. During the period it moved between a multi-month low and brief signs of a potential recovery. The latter were soon dashed by some what we consider as dubious interpretations of what were taken by the media as significant news items – but in truth were perhaps nothing of the kind. Underlying everything in the U.S. - the driving force behind almost all global markets – was the virtually ignored spectre of a born-again ... (full story)