Gold prices will bottom in 2014 before returning to a record within five years as weaker equities spur demand for a haven and physical buying from Asia strengthens, according to asset manager Pecora Capital LLC.
Every month, Elliott Klug or one of his business partners walks into the Colorado Revenue Department with a messenger bag holding thousands of dollars in cash and watches as state employees start counting.
At Medicine Man Denver, a shop that began selling marijuana for recreational use last week, people waited in line to get their first taste of legal weed. Some shouted “Freedom!” to the cheering crowd as they walked out with bags of dope. They also paid about double the cost of medical marijuana.
The U.S. government said it would ramp up Obamacare outreach in 25 cities to lure younger people to the program after a report showed about 70 percent of the initial customers are 35 years of age or older.