Thursday links: Gold rebounds


“Today might be an indicator that the opportunity was yesterday, but that is far from certain. I believe gold is a portfolio diversification strategy and therefore is needed at any price. I am certain no one successfully times the market over time”: Pete LaTona VP of Sales at APMEX responds to a question asked by a Facebook fan.

Precious Metals

Gold rebounds 1.5 percent after rout, support seen (Reuters)

Did Ben Bernanke kill the gold rally? (CNN Money)

U.S. Mint’s Silver, Gold Coin Sales Tumble (WSJ)

Gold gains; silver rallies nearly 3% (MarketWatch)

Warren Buffett is wrong about gold (Absolute Return)

Markets

US STOCKS-Wall St gains on bank hopes, jobless data (Reuters)

Fed’s Dilemma: Markets Want Both Growth—And Stimulus (CNBC)

U.S. bonds down as QE3 timing reassessed (Reuters)

Commodites: Bull market corrections or the start of bear markets (Factor)

Economy

How Debt-Ridden Housing Holds Back Recovery: Mian and Sufi (Bloomberg)