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• Iran, the BRICS and Why Gold is Now Money

  By Peter Pham - May 28, 2012 | Tickers: FXRU, UUP, SPY, GLD, BNO |

  While seemingly the entire world was focused, self-referentially, on the Facebook IPO, from my perspective far larger issues were being ignored.  The S&P 500, traded as the SPDR S&P 500 ETF (NYSEMKT: SPY), is within 3% of its opening price for the year, having wiped out in 13 days nearly the entire first quarter rally that had everyone so ready to jump on the Facebook bandwagon

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