Quick roundup of news from around the world wide web

Precious Metals

• Gold Rises as China’s Pledge to Aid Europe Boosts Commodities (BusinessWeek)
• Gold Snaps Losing Streak On China Hopes (WSJ)

Markets

• Dow’s Tumble Is Worst in 2012 (WSJ)
• John Paulson misses on bank stocks, again (CNN)

Global

• 5 Lessons From the Rise of the BRICs (The Atlantic)
• Greece says has cleared hurdles to bailout (Reuters)
• Greece is broken, and can’t be fixed (Felix Salmon)