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Gold crosses $700

June gold contracts on the COMEX rose $21.60 to close at $701.50 an ounce. One of the big fundamental stories for the metal is the possibility that China may significantly increase its gold reserves. Full story at Reuters.

And in the "you must be joking" file, CNN Money has dusted off its negatively slanted gold story, "$600 gold: Want in? Think twice" and replaced it with a fresh new title: "$700 gold: Want in? Think twice". I think we've seen this film before. There's mention of that earlier article (published only last month) in a $600 gold piece I wrote for Financial Sense April 7th.

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Here's what a bubble *really* looks like. InfoSpace in 1999-2001. $QQQ$BCORpic.twitter.com/xjsMk433H7
— David Shvartsman (@FinanceTrends) February 24, 2015
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In a pattern common to many parabolic shooting stars, the stock soon peaked and began a…

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Moneyball: How the Red Sox Win Championships

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The Boston Red Sox won their fourth World Series titleof the 21st century this week.

Having won their first Series in 86 years back in 2004, the last decade-plus has marked a very strong return to form for one of baseball's oldest big league clubs. So how did they do it?

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