NEW YORK ( TheStreet) -- Gold prices ripped above $1,300 per ounce, but as John Mauldin, president of Millennium Wave Investments, tells TheStreet's Joe Deaux, the daily price fluctuations aren't as important as the long-term moves.Mauldin called the yellow metal a hedge against central bankers, although he doesn't see them doing anything unreasonable anytime soon, with the Federal Reserve on the brink of tapering its stimulus program.
Quick Take: Buy a Little Gold Every Month
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