"We lower our 3-, 6- and 12-mo gold price forecasts to $1,825/toz, $1,805/toz and $1,800/toz and introduce a $1,750/toz 2014 forecast." Gold cycle set to turn on improving US recovery. Goldman Sachs

"He completely lost the narrative," one investor told us. "It was obvious the ECB would not let that happen." Paulson Said to Blame Bet Against Europe for Most of Loss. Bloomberg

Abramovich to Buy Norilsk Stake to End Oligarch Feud. Bloomberg

New Piano Guys - O Come, Emmanuel ♫. Youtube

Confusing lucky with good. Seth's blog