Gold on the move

Gold has resumed its inevitable march northward, passing $660 per ounce. That's a nice reward for those who used the past several months as an opportunity to build positions in the low $600's (or even at $570!). Dollar-cost averaging has its rewards.

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CalPERS Fail

Despite the awesome bull market this year, CalPERS again missed its return target, earning only 5.8% vs. its required 6.8%. CalPERS has mi...