Mainstream finance gets it wrong on gold

When rising prices are described as 'a bullish sign' you know there's something wrong with the coverage of an investment. Adrian Ash looks at mainstream misconceptions about gold.

Spot gold hit $669.50 per ounce in Europe on Tuesday. In the futures market, the April contract rose to $673.

Cue this nugget of wisdom from Reuters:

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Adrian has written all things gold related from if it’s worth buying, what the real price of gold should be and what’s the point of gold for MoneyWeek. He has also written for other leading money titles on his gold expertise including Business Insider, Forbes, City A.M, Yahoo Finance and What Investment Magazine. Now Adrian is head of the research desk at BullionVault, a physical market for gold and silver for private investors online.