, Columnist
Gold Bulls Need to Remember the Taper Tantrum
The precious metal has reached a level that has proved treacherous in the past. Also, a new market anomaly and Bill Dudley.
Gold shines in today’s markets.
Photographer: Bloomberg
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The decade since the financial crisis feels like one long drawn-out, asset purchase-fueled rally, but it has had some turning points. Of these, the excitement of 2013 does not get the attention it deserves. And gold was at the heart of the action.