After the Gold Rush - A tale of two sides of one story

An interesting article appeared in the Sydney Morning Herald this morning (10 April) with the by-line of Ambrose Evens-Pritchard. I regularly follow Ambrose's writings in the UK Telegraph and I believe he is one of the best financial journalists in the business, but not known as a gold analyst, actually I can't remember him writing an article solely on gold before. So I was intrigued what his take would be on gold. Reading the SMH article I was left a bit confused from the start as the headline and opening summary seemed to be at odds with the body of the story. See for yourself

Headline SMH: After gold rush, the inevitable comedown

Summary header SMH: Bullion's long rally looks to be over, heralding a new landscape, writes Ambrose Evans-Pritchard.

SMH article is here

Now compare this to the headline that accompanied the same article by Ambrose in the UK Telegraph on the 8th April.

Headline Telegraph: Gold crash on Fed tightening and euro salvation looks premature

Telegraph article is here

Ambrose's takeaway is that Gold's price is unlikely to crash, and whilst off its recent highs is likely to continue to rise until at least Asia, Russia and the Gulf States regain trust in the two leading fiat currencies the US$ and the Euro, and don't be holding your breath for that to happen any time soon.

Now would have you haven gotten that impression from either headline, particularly the first? 

It seems that, as is often the case, it pays to read the fine print.