Dr. Doom Is Dead Right on Gold

First it was the IRS targeting conservatives and the Tea Party. Now it is Dr. Doom, aka Dr. Nourial Roubini, who is accusing the "extreme conservatives" of distorting the price of gold and SPDR Gold Trust (GLD) and its lesser known half-brother iShares Silver Trust (SLV) with their incessant cable TV hype. Those darn paranoid anti-government conservatives have created a counterproductive bubble in gold. Being a conservative and Tea Party member I should be offended, but I'm not: Dr. Doom is correct.