Amusing story.
Oh, brother.
When a self-promoter like The Donald jumps on a bandwagon, you know it's getting a little old. For all his big reputation, Trump's career over the past two decades is littered with the wreckage of high-profile deals he cut at the peak of each boom. Think: Trump Taj Mahal casino (bankruptcy, 1991). Trump Hotels & Casino Resorts (2004). Trump Entertainment Resorts (2009).
Or the "Trump International Hotel & Tower," a luxury condo development in Fort Lauderdale planned and built in… happier times.
News that Trump is backing gold comes after the metal has already skyrocketed in price. Gold has so far jumped nearly 30% so far this year, and more than 500% in a decade.
What's next?
