Gold's safe-harbor status has attracted some big hedge funds. Evidenced by leaders.John Paulson and George Soros piling into bullion in Q2 via one form or another. Gold bullion remains some $300 an ounce below the all-time high of $1,921.15 set in September of last year. Although it has racked up gains for 11 years in a row, it has also suffered some wobbly going earlier this year -- from hedge-fund unloading and worried market technicians. Once the day traders take their profits from last week's burst upward and the copycats have their fill, Barron's expects the gold rush to subside a trifle and set the stage for another run to a new peak.
America has no tolerance for wealthy people griping about their financial woes. But they have concerns too.