NEW YORK ( TheStreet) -- Gold was crushed 22% lower in the second quarter of 2013. TheStreet's Gregg Greenberg talked to Phil Streible of RJ O'Brien about whether gold has more downside left or if it makes a safe investment.Gold has largely declined due to the limited effects from inflation and on the back of recent talks of the Federal Reserve tapering its stimulus program, which could happen as soon as September, Streible says. He added that the $1,200 level in gold was a line in the sand for traders, marking that as their downside target.
Quick Take: Gold Gets A Clean Slate
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