June 21, 2013
Gold and U.S. Stocks Pretty Much Collapsed Thursday
U.S. stocks started a downward slide yesterday after Federal Reserve Chairman Ben Bernanke said the Fed may draw down its $85 billion-per-month bond-buying program sometime in mid-2014 if unemployment manages to work its way down to 6.5 percent. And that downward slide picked up steam on Thursday, sending the three major U.S. stock indices way, way lower.