However, when trillions of dollars are spent preparing to fight World War II where warfare no longer bears any resemblance to the way it used to be conducted, is it really unreasonable to review how we are spending all this money and find a few bucks that can be cut?
Spot gold prices were confined to a trading range that was the tightest in circa 100 days as the summer doldrums and the tug-o-war actions between the bulls and the bears made their presence felt in the trading patterns for the precious metal.