Gold prices aren't going to stay this high

Gold has taken off in the past week as part of the post-Brexit "safe haven" rally. The precious metal jumped as much as 7% the day after the UK voted to leave the European Union and has stayed elevated since. This rally, however, isn't to be trusted, according to John LaForge at Wells Fargo Investment Institute, since gold is in a long-term downward trend. "History says that short-term rallies are not likely to last inside a commodity bear super-cycle," LaForge wrote in a note to clients Thursda...