
Market Moves
Hey, Washington, Buy Gold to Support Dollar, Guggenheim CIO Says
Scott Minerd calls on Fed to increase its holdings of the metal—which, unlike the dollar, is rising in value.
The hedge fund kingpin says the allure of stocks will wane.
Forecasts say the yellow metal may reach $1,500 an ounce in coming months.
While raw materials are no longer slumping, Goldman isn’t that impressed.