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Why Gold's Gleaming

 

Editor's Note: Jon D. Markman writes a weekly column for CNBC on MSN Money that is republished here on TheStreet.com. He's also a regular contributor to RealMoney, TheStreet.com's subscription site. If you'd like to see all of Jon Markman's RealMoney commentary, click here for information about a free trial.


The price of gold has risen to 17-year highs lately, conjuring giddy dreams among the bunker-and-canned-beans crowd that Armageddon is just around the corner. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,496.37 1,114.72 2,214.65 35.71
Oil *
73.70
UP
44.37
UP
6.79
UP
13.60
DOWN
0.32
10 Yr
3.57%
SPDR Gold
111.53
+0.42%
+0.61%
+0.62%
-0.89%
Data delayed 20 minutes

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