2013-08-26cnbc.com

A combination of weak U.S. economic data on Friday and concerns about geopolitical tensions in the Middle East helped boost gold prices to as high as $1,406 in Asia on Monday, before pulling back slightly to around $1,400.

Total nonsense. We've had weak economic data (on and off) this whole year, to say nothing of geopolitical tensions, and gold went down. In fact, even today, gold and silver mysteriously tipped into loss territory in the middle of the day. So what's really going on? It's not in the news, that's for sure.



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