Gold’s 30% Surge Puzzles Bernanke, Not This Guy: William Pesek

Alan Greenspan had his conundrum. Now, Ben Bernanke has his enigma. The behavior of long-term interest rates had the former Federal Reserve chairman scratching his head. It’s gold that puzzles the current Fed chief. Damned if Bernanke and his fellow central bankers can explain the surge by a metal John Maynard Keynes once dismissed as a “barbaric relic.”