INDEPENDENT VIEWPOINT

Questions asked of bull run as gold bullion, stocks fall

Some commentators are beginning to fear that the end of the gold bull market is on its way

Author: Matthew Craft And Bernard Condon
Posted: Thursday , 05 Apr 2012

CHICAGO SUN TIMES - 

The price of gold, which has climbed for years like a blood pressure reading for anxious investors, plunged Wednesday to its lowest level in three months.

Gold fell almost $58 to $1,614 per ounce. It has declined 15 percent since September, when it hit a peak of $1,907. It had more than doubled since the financial crisis three years earlier.

Surprisingly, the fall came on an ugly day in the stock market - the Dow Jones industrial average lost 125 points. Last year, a day like Wednesday would have caused fearful investors to buy gold as a protective investment.

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