Bernanke: Gold Seen by Some as `Disaster Insurance'

July 18 (Bloomberg) -- Gold prices have fallen this year because investors see a reduced need for "disaster insurance," Federal Reserve Chairman Ben S. Bernanke said. Bernanke spoke in response to questions from Senator Dean Heller, a Nevada Republican, during his testimony before the U.S. Senate Banking Committee. (This is an excerpt. Source: Bloomberg)
The World's Top Gadget Show Comes to China
21:22 - The Consumer Electronics Show has kicked off its first Asian event in Shanghai. For global brands, it's a chance to get into the Chinese market. But it's also a global showcase for up and coming Chinese brands. Event organizers forecast the Chinese retail consumer electronics market will reach 281 billion dollars this year. Bloomberg's Stephen Engle takes us for a spin. (Source: Bloomberg)
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